Gold is in perfect uptrend .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 SELL position.Positionally Support for the Gold is 30263-29985-29874-29802-29660-29492-. Immediate resistance for Gold is 31289
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 29807 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30904.2 with a stop at 30134.8 Below 29919.5 go for sell with a stop at 30688
Intraday Resistance of GOLD are 30645.7 : 30840.5 : 30673.1 : 30709.6
Intraday Support of GOLD are 30176.3 : 29981.5 : 30150 : 30113.9
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