GOLD TREND FOR TODAY- 14-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 Buy the Gold above 27557 or buy with strict stop at 26260. 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 Support for the Gold is 26490-.Resistance for the Gold is 27055-27062-28095-28669-29163-

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 27214.0 with stop at 26586.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 27200.8 with a stop at 26654.3 Below 26508.3 go for sell
Intraday Resistance of GOLD are 26970.6 : 27067.4 : 27052.2 : 27086.4
Intraday Support of GOLD are 26737.4 : 26640.6 : 26561 : 26527.1

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