GOLD TREND FOR TODAY- 19-Jun-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 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 27715-27545-27377-27066-26823-.Resistance for the Gold is 28120-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy if close above 28186.0 closing below 27565.0 Sell will happen. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 28176.4 with a stop at 27834.6 Below 27758.2 go for sell and put stop at 28099.7
Intraday Resistance of GOLD are 28120.2 : 28247.3 : 28218.4 : 28253.4
Intraday Support of GOLD are 27813.8 : 27686.7 : 27716.7 : 27682.1

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