Commodity Gold Trend, Commodity Gold Outloot For Today-10-11-2012

Gold trend for today- 10-Nov-2012
The Gold is in perfect uptrend .Currently Gold is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for the Gold is 31155-31042-30956-30917-30897-30662-. Immediate resistance for Gold is 31864

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 31204 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 31922.8 with a stop at 31443.4 Below 31326.1 go for sell with a stop at 31805
Intraday Resistance of GOLD are 31816.1/31975.6/31939.4/32028.9
Intraday Support of GOLD are 31431.9/31272.4/31228.6/31140.3

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