Wednesday, 25 September 2013

GOLD TREND FOR TODAY- 25-Sep-2013

Gold is in long- term bull phase .Currently Gold is moving sideways The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing BUY signal .In last 3 weeks Gold is trading in low volatality Buy the Gold above 32437 or buy with strict stop at 29160. The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORTposition.Positionally Support for the Gold is 28902-28487-.Resistance for the Gold is 30060-30445-30530-31610-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 30694.0 with stop at 29277.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30068.4 with a stop at 29666.3 Below 29572.3 go for sell
Intraday Resistance of GOLD are 30008.4 : 30164.8 : 30079.6 : 30115.7
Intraday Support of GOLD are 29631.6 : 29475.2 : 29561.5 : 29525.8

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