Gold is in long- term bull phase .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory 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 SELL signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 29408-.Resistance for the Gold is 29833-30017-30199-30208-30438-
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 only above 30264.0 with stop at 29550.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29981.5 with a stop at 29537.5 Below 29429.4 go for sell
Intraday Resistance of GOLD are 29921.6 : 30101.4 : 29964.1 : 30000.1
Intraday Support of GOLD are 29488.4 : 29308.6 : 29447 : 29411.4
To Get Free Tips:
Bullion Tips |Commodity Tips |Mcx Tips
0 comments :
Post a Comment