CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28400 R1-28100 S1-27500 S2-27200
Overall trend of the Gold is bearish for medium-long term.Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. 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 SELL position.Positionally Support for the Gold is 27557-.Resistance for the Gold is 27958-28020-28288-28451-28472-
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