Gold is in long- short-medium- 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 and fresh Buy can be considered in the Gold if it close above30963 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 HOLD LONG position.Positionally Support for the Gold is 29535-29274-29037-28847-.Resistance for the Gold is 29955-30880-
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 29221 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30140.8 with a stop at 29534.5 Below 29372.5 go for sell with a stop at 29978.2
Intraday Resistance of GOLD are 29874.6 : 29973 : 30015.3 : 30051.4
Intraday Support of GOLD are 29637.4 : 29539 : 29497.8 : 29462.1
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