Gold is in long- 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 above30621 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 29918-29761-29717-.Resistance for the Gold is 30210-30254-30666-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 30487.0 or hold with stop at 29954.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30379.6 with a stop at 29885.6 Below 29761.4 go for sell
Intraday Resistance of GOLD are 30318.9 : 30525.6 : 30330.7 : 30366.9
Intraday Support of GOLD are 29821.1 : 29614.4 : 29810.5 : 29774.6
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