Gold trend for today- 26-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.Positionally Support for the Gold is 31685-31621-31306-31272-31164-30964-. Immediate resistance for Gold is 32450
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 31965 The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 32411.1 with a stop at 32134.4 Below 32085.3 go for sell with stop at 32361.8
Intraday Resistance of GOLD are 32295/32334/32538/32628.3/32718.6
Intraday Support of GOLD are 32201/32162/31999.1/31909.7/31820.5
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