Thursday, 9 May 2013

GOLD TREND FOR TODAY- 10-May-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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above27557 or buy with strict stop at 25958. 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 LONG position.Positionally Support for the Gold is 26829-26773-26673-.Resistance for the Gold is 28248-28818-29280-
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 27234.0 with stop at 26594.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 27365.5 with a stop at 27039.4 Below 26967.1 go for sell
Intraday Resistance of GOLD are 27310.9 : 27431.1 : 27357.9 : 27392.3
Intraday Support of GOLD are 27021.1 : 26900.9 : 26863.9 : 26829.8

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1 comments :

  1. It is a well executed post. I like the diagram most. It is a helpful informative post. Thanks for sharing this great information. Commodity Tips |intraday tips |Stock tips |Forex tips |

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