Gold is in long- medium- 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 above31090 or buy with strict stop at 29432. 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 29924-29896-29848-29782-29610-.Resistance for the Gold is 30603-
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 if close above 30499.0 closing below 29727.0 Sell will happen. The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 30570.2 with a stop at 30182.9 Below 30094.5 go for sell and put stop at 30481.5
Intraday Resistance of GOLD are 30419.7 : 30492.5 : 30593.8 : 30630.2
Intraday Support of GOLD are 30244.3 : 30171.5 : 30071.3 : 30035.3
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Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level.
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