Gold is bearish for medium-long
term .Currently Gold is in strong downtrend and the trend is supported with
good volume 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 SELL position.Positionally Immediate support for Gold is 25272.Resistance for
the Gold is 26482-26693-26786-27608-28304-28841-
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 26362.0
or hold with stop at 25373.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 26365.2 with a stop at 25956.7 Below 25855.6 go for sell
Intraday Resistance of GOLD are 26396.5 : 26634.4 : 26347.9 : 26381.7
Intraday Support of GOLD are 25823.5 : 25585.6 : 25863.2 : 25829.8
Intraday Trend- Buy is advised above 26365.2 with a stop at 25956.7 Below 25855.6 go for sell
Intraday Resistance of GOLD are 26396.5 : 26634.4 : 26347.9 : 26381.7
Intraday Support of GOLD are 25823.5 : 25585.6 : 25863.2 : 25829.8
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