Wednesday, 2 October 2013

GOLD TREND FOR TODAY- 03-Oct-2013



Gold is in long- 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 BUY signal and has moved down its previous low. 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 Gold is in HOLD LONG position.Positionally Support for the Gold is 29198-28647-.Resistance for the Gold is 30130-30210-30657-31011-
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 30849.0 or hold with stop at 29352.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30180.8 with a stop at 29173.2 Below 28877.5 go for sell
Intraday Resistance of GOLD are 29824.3 : 30120.6 : 30612.5 : 29786.3 : 29822.2
Intraday Support of GOLD are 29231.7 : 28935.4 : 28443.5 : 29270.8 : 29235.2

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2 comments :

  1. MOST PROFITABLE GOLD TRADING TIPS FOR TODAY

    GOLD (5 FEB.) TREND: CONSOLIDATE
    RES 1: 29650
    RES 2: 29800
    SUPP 1: 29200
    SUPP 2: 28900
    STRATEGY: BUY ON DIPS

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  2. Today’s Trend for Commodity
    SELL COPPER (FEB.) BELOW 457.00 TG-455.50/453.50/451.00 SL-459.50
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