Gold trend for today- 28-Nov-2012Gold 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 LONGposition.Positionally Support for the Gold is 31823-31730-31404-31310-31205-31013-. Immediate resistance for Gold is 32594
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 32208 The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 32448.1 with a stop at 32087.5 Below 32010.5 go for sell with stop at 32370.8 Intraday Resistance of GOLD are 32383.4/32511.5/32644.7/32735.1 Intraday Support of GOLD are 32074.6/31946.5/31926/31836.7.
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