Sunday 31 March 2013

GOLD TREND FOR TODAY- 01-April-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 30009 or buy with strict stop at 29137. 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 29137.Resistance for the Gold is 29661-29682-29749-29973-30262-30490-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 29574.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 29638.2 with a stop at 29242.9 Below 29150.6 go for sell
Intraday Resistance of GOLD are 29512.6/29611/29716.4/29802.7
Intraday Support of GOLD are 29275.4/29177/29030.9/28945.8
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