Gold is bearish
for medium-long term .Currently Gold is in strong uptrend and the trend is
supported with good volume The open interest is not increasing with trend .
Cautious point is buying at higer levels seems decreasing. 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 29004-28946-28720-.Resistance for the Gold is 29450-29600-29782-
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 29390.0 with stop at 28911.0 The
Gold is now trading is approaching overbought level. The oscillator is on SELL
signal and Gold is coming down from overbought level
Intraday Trend- Buy is advised above 29294.4 with a stop at 29048.8 Below 29006 go for sell
Intraday Resistance of GOLD are 29235.9 : 29307.2 : 29406.7 : 29442.3
Intraday Support of GOLD are 29064.1 : 28992.8 : 28894.5 : 28859.1
Intraday Trend- Buy is advised above 29294.4 with a stop at 29048.8 Below 29006 go for sell
Intraday Resistance of GOLD are 29235.9 : 29307.2 : 29406.7 : 29442.3
Intraday Support of GOLD are 29064.1 : 28992.8 : 28894.5 : 28859.1
To Get Free Tips:
0 comments :
Post a Comment