Trend updated for-May/03/2016.CMP-30294 The Gold is in perfect uptrend .Currently Gold is in strong uptrend but volume is unsatisfactory 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 Crudeoil 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 29353-29236-29072-28934-28458-27667-. Immediate resistance for Gold is 30660
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