Trend updated for-Jul/26/2013.CMP-27404 The Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 26918-26801-26771-26676-26641-26301-. Immediate resistance for Gold is 27827
Intraday Trend- Buy is advised above 27701 with a stop at 27228.6 Below 27108 go for sell with a stop at 27579.9
Intraday Resistance of GOLD are 27645.7 : 27846.3 : 27652.9 : 27687.5
Intraday Support of GOLD are 27162.3 : 26961.7 : 27156.3 : 27122
Intraday Trend- Buy is advised above 27701 with a stop at 27228.6 Below 27108 go for sell with a stop at 27579.9
Intraday Resistance of GOLD are 27645.7 : 27846.3 : 27652.9 : 27687.5
Intraday Support of GOLD are 27162.3 : 26961.7 : 27156.3 : 27122
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