Gold is bearish for medium-long term .Currently Gold is in strong
downtrend but volume is unsatisfactory The open interest is not increasing with
trend . In last few days volume based selling happened in the Gold. The Gold is
now trading in overbought level. The Gold is now trading in overbought level.
The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally
Immediate support for Gold is 24731.Resistance for the Gold is
26296-26808-26962-27110-27214-27725-
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position Gold is moving sideways with low
volatality so short term investor better to buy if close above 26279.0 close
below 24830.0 sell will happen. The oscillator is showing BUY signal
Intraday Trend-Intraday better to buy above 26380.1 and Sell if below25435.6
Intraday Resistance of GOLD are 26136.7 : 26327.4 : 26149 : 26182.6
Intraday Support of GOLD are 25677.3 : 25486.6 : 25666.1 : 25632.8
Intraday Trend-Intraday better to buy above 26380.1 and Sell if below25435.6
Intraday Resistance of GOLD are 26136.7 : 26327.4 : 26149 : 26182.6
Intraday Support of GOLD are 25677.3 : 25486.6 : 25666.1 : 25632.8
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