GOLD TREND FOR TODAY- 18-Jun-2013

Overall trend of the 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 SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above28401 or buy with strict stop at 26669. 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 HOLD LONG position.Positionally Support for the Gold is 27709-27473-27400-26981-26780-.Resistance for the Gold is 28141-

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 28186.0 with stop at 27565.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28032.5 with a stop at 27759.6 Below 27705.9 go for sell
Intraday Resistance of GOLD are 27976.6 : 28065.8 : 28120 : 28154.9
Intraday Support of GOLD are 27761.4 : 27672.2 : 27619.2 : 27584.6

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