Thursday, 4 July 2013

GOLD TREND FOR TODAY- 05-July-2013

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 showing BUY signal .In last 1 month volatality is very less Buy the Gold above 28231 or buy with strict stop at 24731. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in SELL position.Positionally Support for the Gold is 25935-.Resistance for the Gold is 26586-26930-27016-27124-27659-
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 26430.0 with stop at 25574.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 26420.8 with a stop at 25978.4 Below 25866.1 go for sell
Intraday Resistance of GOLD are 26230.5 : 26303.2 : 26386.1 : 26419.9
Intraday Support of GOLD are 26055.5 : 25982.8 : 25901 : 25867.6
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1 comments :

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