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 3 weeks Gold is trading in low volatality and fresh Buy
can be considered in the Gold if it close above29346 or buy with strict stop at
25169. 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 26433-26384-.Resistance for the Gold is
27777-28719-29240-29640-
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position Gold is in profit booking mode so either
sell of or keep stop at27012 so better sell and enter at lower level The Gold
is now trading in highly overbought level. The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 27515.5 with a stop at 26942.2 Below 26787.7 go for sell
Intraday Resistance of GOLD are 27296.8/27417.9/27511.7/27594.7
Intraday Support of GOLD are 27005.2/26884.1/26852.3/26770.4
Intraday Trend- Buy is advised above 27515.5 with a stop at 26942.2 Below 26787.7 go for sell
Intraday Resistance of GOLD are 27296.8/27417.9/27511.7/27594.7
Intraday Support of GOLD are 27005.2/26884.1/26852.3/26770.4
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