Friday 29 March 2013

GOLD TREND FOR TODAY- 30-March-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 29143. 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 29143.Resistance for the Gold is 29668-29685-29764-29989-30282-30508-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 29699.0 with stop at 29342.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29687.6 with a stop at 29291.6 Below 29199.1 go for sell
Intraday Resistance of GOLD are 29541.4/29623.1/29834.8/29921.2
Intraday Support of GOLD are 29344.6/29262.9/29147.9/29062.6
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