Sunday, 20 October 2013

GOLD TREND FOR TODAY- 21-Oct-2013

Gold is in long- short- 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 .In last 1 month volatality is very less Buy the Gold above 30972 or buy with strict stop at 28208. 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 SELLposition.Positionally Support for the Gold is 29339-29010-28829-.Resistance for the Gold is 29787-29910-30900-

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 28901 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 29861.2 with a stop at 29260.5 Below 29100 go for sell with a stop at 29700.1
Intraday Resistance of GOLD are 29801.6 : 30068.6 : 29738.1 : 29774
Intraday Support of GOLD are 29158.4 : 28891.4 : 29223 : 29187.5

 

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