Friday 26 April 2013

GOLD TREND FOR TODAY- 27-April-2013

22:48   , , , , , , ,   2 comments


Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on BUY Signal and Gold is recovering from oversold level .In last 5 days volatality is very less and fresh Buy can be considered in the Gold if it close above27557 or buy with strict stop at 25958. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on BUY Signal and Gold is recovering from oversold level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 26704-26096-.Resistance for the Gold is 27957-28819-29323-29713-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy only above 27447.0 with stop at 26062.0 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 27418.2 with a stop at 26847 Below 26693 go for sell
Intraday Resistance of GOLD are 27209.2/27363.5/27619.5/27459.8/27542.7
Intraday Support of GOLD are 26900.8/26746.5/26490.5/26800.9/26719.1

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