GOLD TREND FOR TODAY- 27-Aug-2013

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 30964-30039-29225-27803-27599-27316-. Immediate resistance for Gold is 32178

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 31464 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 32140.3 with a stop at 31712.4 Below 31612.5 go for sell with a stop at 32040
Intraday Resistance of GOLD are 32076.1 : 32242.2 : 32144.4 : 32181.7
Intraday Support of GOLD are 31675.9 : 31509.8 : 31608.8 : 31571.8

To Get Free Tips:

Bullion Tips

Commodity Tips

Mcx Tips

9770670009, 0731-3299704