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 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 30047-30001-29948-29775-29755-.Resistance for the Gold is 30681-
Short term and Intraday Level of GOLD
Currently Gold is in SELL position Gold is in sideways and sellers was at high so for short term better buy above 30567.8 or hold with stop at 29917.0 The next resistance will be at 30487.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 30567.8 with a stop at 30097.3 Below 29981.1 go for sell and put stop at 30451.2
Intraday Resistance of GOLD are 30506.8 : 30700 : 30535.6 : 30571.9
Intraday Support of GOLD are 30041.2 : 29848 : 30013.6 : 29977.5
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