Trend updated for-Jan/09/2014.CMP-26801 Overall trend of the Gold is bearish for medium-long term Currently Gold is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend 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.Positionally Support for the Gold is 26588-26425-.Resistance for the Gold is 26977-26985-27003-27049-
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