Trend updated for-Jan/08/2014.CMP-27161 The Gold is in perfect uptrend .Currently Gold is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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.Positionally Support for the Gold is 26812-26784-26775-26772-26586-26430-. Immediate resistance for Gold is 27559
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