Trend updated
for-Mar/28/2013.CMP-29632 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 showing BUY signal .In last 1 month
volatality is very less and fresh Buy can be considered in the Gold
if it close above30009 or buy with strict stop at 29143. 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
The current position is BUY .Positionally Support for the Gold
is 29444-29441-.Resistance for the Gold is 29758-30006-30299-30529-
Currently Gold is in HOLD SHORT position Gold
is showing some Up momentum So buy above 29627.0 with stop at 29342.0
The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29776.6 with a stop at 29530.2 Below 29487.7 go for sell and put stop at 29733.9
Intraday Trend- Buy is advised only above 29776.6 with a stop at 29530.2 Below 29487.7 go for sell and put stop at 29733.9
Intraday Resistance of GOLD are 29761.9/29869.8/29908.2/29994.7
Intraday Support of GOLD are 29502.1/29394.2/29220.5/29135
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