CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29400 R1-29100 S1-28500 S2-28200
The Gold is in perfect uptrend .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold 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 and closed above 1 month high with volume signals up breakout.Positionally Support for the Gold is 27961-27940-27895-27823-27617-27342-. Immediate resistance for Gold is 28951
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