Tuesday 5 November 2013

GOLD TREND FOR TODAY- 06-Nov-2013

Gold is in long- term bull phase .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 Buy the Gold above 31289 or buy with strict stop at 28635. 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 SHORTposition.Positionally Support for the Gold is 29294-.Resistance for the Gold is 29822-30148-30257-30378-30417-

Short term and Intraday Level of GOLD

Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 29893.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 29900.5 with a stop at 29558.4 Below 29484.1 go for sell
Intraday Resistance of GOLD are 29834.8 : 29953.2 : 29951 : 29987
Intraday Support of GOLD are 29549.2 : 29430.8 : 29434.1 : 29398.4

 

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