Trend updated for-Feb/09/2015.CMP-26802 Overall trend of the Gold is bearish for medium-long term.Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position and Gold closed below 1 week low with volume signals down breakout.Positionally Immediate support for Gold is 26574.Resistance for the Gold is 26951-26975-27201-27556-27711-27808-
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