Commodity Gold Trend, Commodity Gold Outloot For Today-23-11-2012

Gold trend for today- 23-Nov-2012
TGold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 31582-31486-31239-31203-31128-30915-. Immediate resistance for Gold is 32065

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 32010.1 with stop at 31615.0 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 only above 32010.1 with a stop at 31736.8 Below 31688.3 go for sell and put stop at 31961.4
Intraday Resistance of GOLD are 31889.5/31923.1/32105.2/32194.9/32284.6
Intraday Support of GOLD are 31808.5/31774.9/31569.9/31481.1/31392.5

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