Gold is in perfect uptrend .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above32065 or buy with strict stop at 30245. 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 31502-31247-31202-31109-31103-30852-. Immediate resistance for Gold is 32065
Intraday Trend- Buy is advised only above 32005.1 with a stop at 31508.7 Below 31385.8 go for sell and put stop at 31881.8
Intraday Resistance of GOLD are 31769/31830.3/32043.7/32133.2
Intraday Support of GOLD are 31621/31559.7/31331.7/31243.2
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Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy if close above 31775.0 closing below 31297.0 Sell will happen. The oscillator is showing BUY signalIntraday Trend- Buy is advised only above 32005.1 with a stop at 31508.7 Below 31385.8 go for sell and put stop at 31881.8
Intraday Resistance of GOLD are 31769/31830.3/32043.7/32133.2
Intraday Support of GOLD are 31621/31559.7/31331.7/31243.2
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