CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26700 R1-26500 S1-25800 S2-25500
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 and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 25777.Resistance for the Gold is 27114-27200-27229-27258-27575-27598-
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