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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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