Sunday 11 August 2013

GOLD TREND FOR TODAY- 12-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 27414-26937-26882-26794-.Resistance for the Gold is 28091-28138-
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 28028.0 with stop at 27342.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 28103.8 with a stop at 27779.5 Below 27708.8 go for sell
Intraday Resistance of GOLD are 27941 : 27970.1 : 28157.1 : 28192.1
Intraday Support of GOLD are 27871 : 27841.9 : 27656 : 27621.4
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1 comments :

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