Gold is bearish for medium-long term .Currently Gold is in strong
downtrend 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 SELL signal For short term Gold
is in SELL position.Positionally
Support for the Gold is 26127-.Resistance for the Gold is
26582-26780-27469-28214-28753-
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position Gold has crossed the high but the trend
was not strong and sellers was at high so for short term better buy above 26926
with stop at 25373.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 26926 with a stop at 26171.4 Below 25955.7 go for sell and put stop at 26709.5
Intraday Resistance of GOLD are 26695.4 : 26907.4 : 26684.5 : 26718.5
Intraday Support of GOLD are 26184.6 : 25972.6 : 26196.7 : 26163
Intraday Trend- Buy is advised only above 26926 with a stop at 26171.4 Below 25955.7 go for sell and put stop at 26709.5
Intraday Resistance of GOLD are 26695.4 : 26907.4 : 26684.5 : 26718.5
Intraday Support of GOLD are 26184.6 : 25972.6 : 26196.7 : 26163
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