CAPITAL STROKE UPDATE 5-MARCH-2015 : MCX GOLD

Trend updated for-Mar/05/2015.CMP-26547 Overall trend of the Gold is bearish for medium-long term Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on BUY Signal and Gold is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above26977 or buy with strict stop at 25851. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on BUY Signal and Gold is recovering from oversold level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 26231-26197-.Resistance for the Gold is 26790-26904-26979-27089-

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