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 SELL signal .In last 1 month volatality is very less Buy the Gold above 30621 or buy with strict stop at 29497. 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 30014-30011-29960-29917-29778-.Resistance for the Gold is 30618-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 30428.2 with stop at 29615.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 30428.2 with a stop at 29994.7 Below 29890.7 go for sell and put stop at 30323.7
Intraday Resistance of GOLD are 30323.7 : 30460.5 : 30420.1 : 30456.3
Intraday Support of GOLD are 29994.3 : 29857.5 : 29899.1 : 29863.1
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