CAPITAL STROKE UPDATE 2-FEB-2015 : MCX GOLD

Trend updated for-Feb/02/2015.CMP-27895 The Gold is in perfect uptrend .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above28384 or buy with strict stop at 26561. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 27718-27481-27222-26882-26742-26737-. Immediate resistance for Gold is 28384

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