GOLD TREND FOR TODAY- 10-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 and fresh Buy can be considered in the Gold if it close above27151 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 HOLD LONG position.Positionally Support for the Gold is 25854-.Resistance for the Gold is 26197-26833-26841-26853-27525-

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 26296.0 with stop at 25710.0 The oscillator is on SELL signal and Crudeoil is coming down from overbought level
Intraday Trend- Buy is advised above 26237.5 with a stop at 25870.6 Below 25783.2 go for sell
Intraday Resistance of GOLD are 26185.1 : 26330.4 : 26252.5 : 26286.2
Intraday Support of GOLD are 25834.9 : 25689.6 : 25768.6 : 25735.3

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