Trend updated for-Jan/16/2014.CMP-27492 The Gold is in perfect uptrend .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 The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Gold is 26962-26891-26874-26728-26611-26530-. Immediate resistance for Gold is 27656
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