Gold is bearish
for medium-long term .Currently Gold is in uptrend and the trend is supported
with good volume The open interest is not increasing with trend . Cautious
point is buying at higer levels seems decreasing. The Gold is now trading in
overbought level. The Gold is now trading in overbought level. The oscillator
is on SELL signal and Gold is coming down from overbought level For short term
Gold is in HOLD SHORT position and closed below 3 week low
with volume signals down breakout.Positionally Immediate support for Gold is
28567.Resistance for the Gold is 29319-29355-29518-29620-29628-29672-
Short term and Intraday Level of
GOLD
Gold
and closed below 1 week low with volume signals down breakoutCurrently Gold is
in SELL position Gold is moving sideways so short term investor
better to buy only above 29885.0 or hold with stop at 28682.0 The oscillator is
showing BUY signal
Intraday Trend- Buy is advised above 29323.9 with a stop at 28382.9 Below 28108.3 go for sell
Intraday Resistance of GOLD are 28932.7 : 29113.5 : 28969.7 : 29005.2
Intraday Support of GOLD are 28497.3 : 28316.5 : 28461.4 : 28426.3
Intraday Trend- Buy is advised above 29323.9 with a stop at 28382.9 Below 28108.3 go for sell
Intraday Resistance of GOLD are 28932.7 : 29113.5 : 28969.7 : 29005.2
Intraday Support of GOLD are 28497.3 : 28316.5 : 28461.4 : 28426.3
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