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Tuesday, 20 November 2012

Commodity Gold Trend, Commodity Gold Outloot For Today-21-11-2012

 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 30295. 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 Gold is in HOLD LONG position.Positionally Support for the Gold is 31543-31334-31215-31130-31113-30874-. Immediate resistance for Gold is 32065

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 31644 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 32054.6 with a stop at 31557.4 Below 31434.4 go for sell with a stop at 31931.1
Intraday Resistance of GOLD are 31840.9/31921.3/32125.8/32215.5
Intraday Support of GOLD are 31647.1/31566.7/31412.9/31324.3


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