Gold is in
perfect uptrend .Currently Gold is showing some up move after small correction
and trend is strong and supported with good volume The open interest is not
increasing with trend . Caution note 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 showing BUY signal For short term Gold is
in HOLD LONG position and closed above 1 month
high with volume signals up breakout.Positionally Support for the Gold is
29359-29278-29192-29179-29052-28953-. Immediate resistance for Gold is 30339
Short term and Intraday Level of
GOLD
Gold
closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position In
short term Gold is in strong up trend so hold with stop at 29225 The Gold is
now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30691.2 with a stop at 29860.7 Below 29624.7 go for sell with a stop at 30454.2
Intraday Resistance of GOLD are 30390.9 : 30624.7 : 31012.9 : 30418 : 30454.3
Intraday Support of GOLD are 29923.1 : 29689.3 : 29301.1 : 29897.1 : 29861.1
Intraday Trend- Buy is advised above 30691.2 with a stop at 29860.7 Below 29624.7 go for sell with a stop at 30454.2
Intraday Resistance of GOLD are 30390.9 : 30624.7 : 31012.9 : 30418 : 30454.3
Intraday Support of GOLD are 29923.1 : 29689.3 : 29301.1 : 29897.1 : 29861.1
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