Monday 2 December 2013

GOLD TREND FOR TODAY- 03-Dec-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 BUY signal .In last 1 month volatality is very less Buy the Gold above 30609 or buy with strict stop at 29497. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 29936-29788-.Resistance for the Gold is 30212-30247-30283-30581-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 30444.0 with stop at 29888.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 30239.4 with a stop at 29936 Below 29875.1 go for sell
Intraday Resistance of GOLD are 30177.4 : 30277.3 : 30317.6 : 30353.8
Intraday Support of GOLD are 29936.6 : 29836.7 : 29797.5 : 29761.6

 

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