Gold is in
perfect uptrend .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 SELL signal For short term Gold is in HOLD
LONG position.Positionally Support for
the Gold is 29447-29417-29383-29263-29123-29059-. Immediate resistance for Gold
is 30005
Short term and Intraday Level of
GOLD
Currently
Gold is in HOLD SHORT position Gold is in sideways and
sellers was at high so for short term better buy above 30174.8 or hold with
stop at 29255.0 The next resistance will be at 29885.0 The oscillator is showing
BUY signal
Intraday Trend- Buy is advised only above 30174.8 with a stop at 29650.8 Below 29516.2 go for sell and put stop at 30039.8
Intraday Resistance of GOLD are 30114.6 : 30338.4 : 30104.7 : 30140.8
Intraday Support of GOLD are 29575.4 : 29351.6 : 29586.4 : 29550.7
Intraday Trend- Buy is advised only above 30174.8 with a stop at 29650.8 Below 29516.2 go for sell and put stop at 30039.8
Intraday Resistance of GOLD are 30114.6 : 30338.4 : 30104.7 : 30140.8
Intraday Support of GOLD are 29575.4 : 29351.6 : 29586.4 : 29550.7
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