Commodity Gold Trend, Commodity Gold Outloot For Today-24-11-2012

Gold trend for today- 24-Nov-2012
Gold 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 and closed above 1 month high with volume signals up breakout.Positionally Support for the Gold is 31632-31552-31257-31254-31145-30939-. Immediate resistance for Gold is 32438

Short term and Intraday Level of GOLD

Gold closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 31788 The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 32444.3 with a stop at 32167.3 Below 32118.1 go for sell with a stop at 32394.9
Intraday Resistance of GOLD are 32526.2/32729.8/32511.6/32601.8
Intraday Support of GOLD are 32035.8/31832.2/31794.4/31705.3

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