Monday 18 February 2013

GOLD TREND FOR TODAY- 19-FEB-2013


Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Gold above 31014 or buy with strict stop at 29710. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 29710.Resistance for the Gold is 30561-30571-30639-30751-31033-31120-

Short term and Intraday Level of GOLD

Currently Gold is in SELL position Gold is in down trend so buy above 30305.0 The sell will again come if below 30006.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 30476.4 with a stop at 29996.1 Below 29876.5 go for sell
Intraday Resistance of GOLD are 30245.5/30303.1/30460.9/30548.2/30635.7
Intraday Support of GOLD are 30106.5/30048.9/29853.1/29766.8

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1 comments :

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