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 The current position is BUY .Positionally Support for the Gold
is 29704-29396-29375-29373-29292-29048-. Immediate resistance for Gold is 30388
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 29896 The oscillator
is showing BUY signal
Intraday Trend- Buy is advised above 30428.4 with a stop at 30115.8 Below 30052.1 go for sell with a stop at 30364.4
Intraday Resistance of GOLD are 30367.6 : 30473.6 : 30501.4 : 30537.7
Intraday Support of GOLD are 30112.4 : 30006.4 : 29979.7 : 29943.7
Intraday Trend- Buy is advised above 30428.4 with a stop at 30115.8 Below 30052.1 go for sell with a stop at 30364.4
Intraday Resistance of GOLD are 30367.6 : 30473.6 : 30501.4 : 30537.7
Intraday Support of GOLD are 30112.4 : 30006.4 : 29979.7 : 29943.7
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