Gold is bearish for medium-long term .Currently Gold is
in strong downtrend with good momentum but volume is unsatisfactory The open
interest is not increasing with trend .. 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 28995.Resistance for the Gold is 29643-29704-29956-30312-30559-30853-
Short
term and Intraday Level of GOLD
Currently Gold is in SELL position Gold is in down trend so buy
above 29408.0 The sell will again come if below 29111.0 The oscillator is
showing BUY signal
Intraday Trend- Buy is advised above 29548.9 with a stop at 29178 Below 29093.7 go for sell
Intraday Resistance of GOLD are 29403/29471.1/29700.7/29786.9
Intraday Support of GOLD are 29239/29170.9/29015.3/28930.2
Intraday Trend- Buy is advised above 29548.9 with a stop at 29178 Below 29093.7 go for sell
Intraday Resistance of GOLD are 29403/29471.1/29700.7/29786.9
Intraday Support of GOLD are 29239/29170.9/29015.3/28930.2
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