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 . In last few days lot of positive accumulation happened in the Gold 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 31747-31689-31359-31292-31184-30990-. Immediate resistance for Gold is 32594
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 32107 The Gold is now trading in highly overbought level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 32558.4 with a stop at 32227.2 Below 32160.1 go for sell with a stop at 32491.1
Intraday Resistance of GOLD are 32493.5/32605.1/32708/32798.5
Intraday Support of GOLD are 32224.5/32112.9/31988.6/31899.3
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