Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in oversold level. The Crudeoil is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Gold above 29758 or buy with strict stop at 28137. The Gold is now trading in oversold level. The Crudeoil is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 28137.Resistance for the Gold is 28783-28980-29481-29837-29862-30381-
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 28697.0 or hold with stop at 28250.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 28837 with a stop at 28399.3 Below 28291.8 go for sell
Intraday Resistance of GOLD are 28779.5 : 28958.3 : 28818.1 : 28853.4
Intraday Support of GOLD are 28348.5 : 28169.7 : 28311 : 28276.1
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