CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27000 R1-26800 S1-26300 S2-26000
Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 26208.Resistance for the Gold is 27000-27181-27532-27710-27749-27898-
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