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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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