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 BUY signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold
is 28995.Resistance for the Gold is 29522-29605-29742-30171-30434-30740-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways so for short term
better buy above 29594.0 with stop at 29260.0 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 29568.4 with a stop at 29249.2 Below 29182.1 go for sell
Intraday Resistance of GOLD are 29398/29417/29586.6/29632/29718.1/29804.4
Intraday Support of GOLD are 29352/29333/29162.9/29117.8/29032.6/28947.4
Intraday Trend- Buy is advised above 29568.4 with a stop at 29249.2 Below 29182.1 go for sell
Intraday Resistance of GOLD are 29398/29417/29586.6/29632/29718.1/29804.4
Intraday Support of GOLD are 29352/29333/29162.9/29117.8/29032.6/28947.4
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