GOLD TREND FOR TODAY- 10-Aug-2013

Gold is in long- medium- short-medium- term bull phase .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 SELL signal .In last 1 month volatality is very less Buy the Gold above 29126 or buy with strict stop at 26904. 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 Support for the Gold is 27362-26934-26866-26771-.Resistance for the Gold is 28046-28218-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in down trend so buy above 27902.0 The sell will again come if below 27342.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 28097.7 with a stop at 27773.5 Below 27702.8 go for sell
Intraday Resistance of GOLD are 28041.6 : 28159.2 : 28151.1 : 28186
Intraday Support of GOLD are 27758.4 : 27640.8 : 27650 : 27615.4

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