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 BUY signal For
short term Gold is in SELL position.Positionally
Support for the Gold is 26082-.Resistance for the Gold is
26561-26754-27407-28171-28713-
Short
term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position Gold is in profit booking mode so either
sell of or keep stop at26057 so better sell and enter at lower level The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 26616.9 with a stop at 26274.5 Below 26195.7 go for sell
Intraday Resistance of GOLD are 26563.8 : 26694.7 : 26650.3 : 26684.3
Intraday Support of GOLD are 26248.2 : 26117.3 : 26162.8 : 26129.2
Intraday Trend- Buy is advised above 26616.9 with a stop at 26274.5 Below 26195.7 go for sell
Intraday Resistance of GOLD are 26563.8 : 26694.7 : 26650.3 : 26684.3
Intraday Support of GOLD are 26248.2 : 26117.3 : 26162.8 : 26129.2
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