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 BUY signal For short term Gold is in HOLD
LONG position.Positionally Support for
the Gold is 29362-29288-29264-29258-29238-28985-. Immediate resistance for Gold
is 30381
Short term and Intraday Level of
GOLD
Currently
Gold is in HOLD LONG position In
short term Gold is in strong up trend so hold with stop at 29703 The Gold is
now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30351.9 with a stop at 29841 Below 29711.1 go for sell with stop at 30221.5
Intraday Resistance of GOLD are 30250.5 : 30432.7 : 30291.5 : 30327.7
Intraday Support of GOLD are 29811.5 : 29629.3 : 29771.6 : 29735.7
Intraday Trend- Buy is advised above 30351.9 with a stop at 29841 Below 29711.1 go for sell with stop at 30221.5
Intraday Resistance of GOLD are 30250.5 : 30432.7 : 30291.5 : 30327.7
Intraday Support of GOLD are 29811.5 : 29629.3 : 29771.6 : 29735.7
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