CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26500 R1-26200 S1-25700 S2-25500
Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. 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 Immediate support for Gold is 25777.Resistance for the Gold is 26906-27046-27102-27187-27554-27573-
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