Commodity Gold Trend, Commodity Gold Outloot For Today-29-11-2012

Gold trend for today- 29-Nov-2012
Gold is in long- medium- short-medium- short- term bull phase .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 SELL signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 31747-31437-31320-31219-31036-.Resistance for the Gold is 32104-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy only above 32464.0 or hold with stop at 31768.0 The Gold is now trading is approaching overbought level. The Gold is now trading is approaching overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level
Intraday Trend- Buy is advised above 32242.8 with a stop at 31701.7 Below 31564.3 go for sell
Intraday Resistance of GOLD are 32178.5/32407.1/32339/32429
Intraday Support of GOLD are 31627.5/31398.9/31623.7/31534.8

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