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Wednesday 31 October 2012

Gold, Silver Trend for 01-Nov- 2012

Gold trend for today- 01-Nov-2012

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 31015 The Gold is now trading is approaching overbought level. The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal 

Intraday Trend- Buy is advised above 31301.3 with a stop at 30976 Below 30909.2 go for sell with a stop at 31234.3
Intraday Resistance of GOLD are 31158.1/31202.1/31373.8/31462.4/31551.2

Intraday Support of GOLD are 31051.9/31007.9/30844.7/30756.9/30669.3

Silver trend for today- 01-Nov-2012

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy if close above 60066.0 closing below 58951.0 Sell will happen. The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 60620.9 with a stop at 59452.4 Below 59143.6 go for sell and put stop at 60310.8
Intraday Resistance of SILVER are 60189.8/60446/60274/60396.8

Intraday Support of SILVER are 59572.2/59316/59296/59174.3

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Gold, Silver Trend for 31-Oct- 2012

Gold trend for today- 31-Oct-2012

Currently Gold is in strong downtrend and the trend is supported with good volume 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 HOLD SHORTposition



Intraday Trend- Buy is advised above 31285.2 with a stop at 30960.1 Below 30893.3 go for sell with a stop at 31218.2

Intraday Resistance of GOLD are 31191.6/31276.7/31424.2/31512.9

Intraday Support of GOLD are 30986.4/30901.3/30719.1/30631.6


Silver trend for today- 31-Oct-2012

Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level.

Intraday Trend- Buy is advised above 60131.9 with a stop at 58972.9 Below 58666.5 go for sell

Intraday Resistance of SILVER are 59696.4/59944.1/59986.5/60109

Intraday Support of SILVER are 59099.6/58851.9/59010.8/58889.4

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Monday 29 October 2012

Gold, Silver Trend for 30-Oct- 2012

Gold trend for today- 30-Oct-2012

Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume 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.


Intraday Trend- Buy is advised above 31264.4 with a stop at 30977.9 Below 30924 go for sell with a stop at 31210.3
Intraday Resistance of GOLD are 31163.6/31221.3/31437.9/31526.7

Intraday Support of GOLD are 31024.4/30966.7/30732.7/30645.1

Silver trend for today- 30-Oct-2012

.Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.

Intraday Trend- Buy is advised above 60125.9 with a stop at 58966.9 Below 58660.6 go for sell

ntraday Resistance of SILVER are 59645.4/59855.7/59975.1/60097.6

Intraday Support of SILVER are 59138.6/58928.3/58999.5/58878.2


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Sunday 28 October 2012

Gold, Silver Trend for 29-Oct- 2012

Gold trend for today- 29-Oct-2012

Currently Gold is in HOLD SHORT position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 31192 with stop at 30827.0 The oscillator is showing BUY signal.

Intraday Trend- Buy is advised only above 31192 with a stop at 30906.2 Below 30852.4 go for sell 

Intraday Resistance of GOLD are 31046.6/31067/31233.7/31280.4/31368.9/31457.5
Intraday Support of GOLD are 30997.4/30977/30798.4/30752.1/30664.4/30576.9

Silver trend for today- 29-Oct-2012

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 59230 The oscillator is showing BUY signal .

Intraday Trend- Buy is advised above 60294.6 with a stop at 59348.4 Below 59113.2 go for sell with a stop at 60058.5

Intraday Resistance of SILVER are 59784.6/59852.3/60166.2/60288.9
Intraday Support of SILVER are 59621.4/59553.7/59189.1/59067.5




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