Gold trend for today- 03-Nov-2012
Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 30245.Resistance for the Gold is 30804-31070-31163-31195-31239-31480-
Intraday Trend- Buy is advised above 30806.3 with a stop at 30203.1 Below 30043 go for sell
Intraday Resistance of GOLD are 30579.2/30734.4/30992.1/30925/31013
Intraday Support of GOLD are 30268.8/30113.6/29855.9/30225.6/30138.8
Silver trend for today- 03-Nov-2012
Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Silver is 57225.Resistance for the Silver is 58334-59537-59813-60018-60513-62068-
Intraday Resistance of SILVER are 58252.8/58854.5/59853.5/58735.7/58856.9
Intraday Support of SILVER are 57049.2/56447.5/55448.5/57770.3/57650.2
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Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 30245.Resistance for the Gold is 30804-31070-31163-31195-31239-31480-
Short term and Intraday Level of GOLD
Intraday Trend- Buy is advised above 30806.3 with a stop at 30203.1 Below 30043 go for sell
Intraday Resistance of GOLD are 30579.2/30734.4/30992.1/30925/31013
Intraday Support of GOLD are 30268.8/30113.6/29855.9/30225.6/30138.8
Silver trend for today- 03-Nov-2012
Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Silver is 57225.Resistance for the Silver is 58334-59537-59813-60018-60513-62068-
Short term and Intraday Level of SILVER
Intraday Trend- Buy is advised above 58997 with a stop at 56922.8 Below 56309.9 go for sellIntraday Resistance of SILVER are 58252.8/58854.5/59853.5/58735.7/58856.9
Intraday Support of SILVER are 57049.2/56447.5/55448.5/57770.3/57650.2
To Get Free Tips:
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Forex Tips
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8878998885
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