Gold is bearish for medium-long term .Currently Gold is in uptrend and
the trend is supported with good volume The open interest is not increasing
with trend . Cautious point is buying at higer levels seems decreasing. The
Gold is now trading in overbought level. The Gold is now trading in overbought
level. The oscillator is on SELL signal and Gold is coming down from overbought
level For short term Gold is in SELL position
and Gold closed below 1 week low with volume signals down breakout.Positionally
Immediate support for Gold is 26722.Resistance for the Gold is
27089-27391-27536-27827-27914-28076-
Short
term and Intraday Level of GOLD
Gold and
closed below 1 week low with volume signals down breakoutCurrently Gold is in HOLD SHORT position Gold is in sideways but the trend looks weak so better buy
above 28119.0 or hold with stop at 26829.0 The oscillator is showing BUY signal
Intraday Trend- Sell if open below 26492.5 with stop loss at 27246.8 or sell below 26169.7Buy is not advised till it cross 27570.9
Intraday Resistance of GOLD are 27189.4 : 27509.8 : 28041.7 : 27115.4 : 27149.7
Intraday Support of GOLD are 26548.6 : 26228.2 : 25696.3 : 26623.7 : 26589.8
Intraday Trend- Sell if open below 26492.5 with stop loss at 27246.8 or sell below 26169.7Buy is not advised till it cross 27570.9
Intraday Resistance of GOLD are 27189.4 : 27509.8 : 28041.7 : 27115.4 : 27149.7
Intraday Support of GOLD are 26548.6 : 26228.2 : 25696.3 : 26623.7 : 26589.8
To Get Free Tips:
9770670009, 0731-3299704
0 comments :
Post a Comment