Gold is in perfect uptrend .Currently Gold is in strong uptrend and the
trend is supported with good volume The open interest is not increasing with
trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY .Positionally
Support for the Gold is 26939-26752-26736-26673-26555-26251-. Immediate
resistance for Gold is 27827
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position
In short term Gold is in strong up trend so hold with stop at 27151 The Gold is
now trading is approaching overbought level. The oscillator is showing BUY
signal
Intraday Trend- Buy is advised above 27570.2 with a stop at 27048.2 Below 26910.9 go for sell with stop at 27432.3
Intraday Resistance of GOLD are 27515.1 : 27743.5 : 27488.1 : 27522.6
Intraday Support of GOLD are 26964.9 : 26736.5 : 26993 : 26958.8
Intraday Trend- Buy is advised above 27570.2 with a stop at 27048.2 Below 26910.9 go for sell with stop at 27432.3
Intraday Resistance of GOLD are 27515.1 : 27743.5 : 27488.1 : 27522.6
Intraday Support of GOLD are 26964.9 : 26736.5 : 26993 : 26958.8
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