Gold news

Trend updated for-Apr/11/2013.CMP-29025 Overall trend of the Goldm is bearish for medium-long term .Currently Goldm is moving sideways The Goldm is now trading in overbought level. The Goldm is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Goldm above 29818 or buy with strict stop at 28524. The Goldm is now trading in overbought level. The Goldm is now trading in overbought level. The oscillator is showing BUY signal For short term Goldm is in SELL position.Positionally Immediate support for Goldm is 28524.Resistance for the Goldm is 29368-29473-29556-29641-29966-30182-

Goldm and closed below 1 week low with volume signals down breakoutCurrently Goldm is in HOLD LONG position Goldm has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below28687.8 Buy if above 29568.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 29363.3 with a stop at 28827.4 Below 28687.8 go for sell
Intraday Resistance of GOLDM are 29304.7/29536.8/29508.6/29594.5
Intraday Support of GOLDM are 28745.3/28513.2/28825.4/28740.6