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 SELL signal For short term The current position is BUY .Positionally
Support for the Gold is 27893-27572-27042-26934-26823-26812-. Immediate
resistance for Gold is 29126
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD SHORT position
Gold is in sideways so for short term better buy above 29010.0 with stop at
27825.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29046.1 with a stop at 28165 Below 27909.9 go for sell
Intraday Resistance of GOLD are 28561.3 : 28631.3 : 28730.7 : 28766
Intraday Support of GOLD are 28392.7 : 28322.7 : 28224.4 : 28189.5
Intraday Trend- Buy is advised above 29046.1 with a stop at 28165 Below 27909.9 go for sell
Intraday Resistance of GOLD are 28561.3 : 28631.3 : 28730.7 : 28766
Intraday Support of GOLD are 28392.7 : 28322.7 : 28224.4 : 28189.5
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