Gold is in long- short-medium- term bull phase .Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. 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 HOLD SHORT position.Positionally Support for the Gold is 29586-29369-.Resistance for the Gold is 30122-30211-30295-30422-
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 30264.0 or hold with stop at 29550.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30276.3 with a stop at 29712.5 Below 29564.8 go for sell
Intraday Resistance of GOLD are 30215.9 : 30461.5 : 30180 : 30216.2
Intraday Support of GOLD are 29624.1 : 29378.5 : 29661.1 : 29625.3
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