Friday 13 September 2013

GOLD TREND FOR TODAY- 14-Sep-2013

Gold is in long- term bull phase .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. 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 28589-28188-.Resistance for the Gold is 29971-31686-32014-32244-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 30642.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 29992.9 with a stop at 29331.2 Below 29150.5 go for sell
Intraday Resistance of GOLD are 29933.1 : 30233.6 : 29829.5 : 29865.4
Intraday Support of GOLD are 29208.9 : 28908.4 : 29313.6 : 29278 

To Get Free Tips:

0 comments :

Post a Comment