Gold is in long- term bull phase .Currently Gold is
in strong downtrend but volume is unsatisfactory 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 SELL position.Positionally
Support for the Gold is 28680-28303-.Resistance for the Gold is
30171-30720-31545-31888-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above
30162.0 The Gold is now trading in highly oversold level. The oscillator is
showing BUY signal
Intraday Trend- Buy is advised above 30144 with a stop at 29483.5 Below 29303.4 go for sell
Intraday Resistance of GOLD are 30083.8 : 30383.4 : 29982.2 : 30018.2
Intraday Support of GOLD are 29362.2 : 29062.6 : 29465 : 29429.3
Intraday Trend- Buy is advised above 30144 with a stop at 29483.5 Below 29303.4 go for sell
Intraday Resistance of GOLD are 30083.8 : 30383.4 : 29982.2 : 30018.2
Intraday Support of GOLD are 29362.2 : 29062.6 : 29465 : 29429.3
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