Gold trend for today- 05-Nov-2012
Gold is bearish for medium-long term .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.Positionally Immediate support for Gold is 30245.Resistance for the Gold is 30813-31022-31120-31203-31215-31461-
Intraday Trend- Buy is advised only above 30870.8 with a stop at 30281.7 Below 30126.4 go for sell and put stop at 30714.9
Intraday Resistance of GOLD are 30552.2/30597.3/30827.2/30915
Intraday Support of GOLD are 30443.8/30398.7/30215.7/30128.8/30042.1
Silver trend for today- 05-Nov-2012
Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory 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.Positionally Immediate support for Silver is 57170.Resistance for the Silver is 58379-59378-59615-60075-60347-61982-
Intraday Resistance of SILVER are 57773.9/57919.1/58053.6/58174.1
Intraday Support of SILVER are 57424.1/57278.9/57093.8/56974.4
Gold is bearish for medium-long term .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.Positionally Immediate support for Gold is 30245.Resistance for the Gold is 30813-31022-31120-31203-31215-31461-
Short term and Intraday Level of GOLD
Intraday Trend- Buy is advised only above 30870.8 with a stop at 30281.7 Below 30126.4 go for sell and put stop at 30714.9
Intraday Resistance of GOLD are 30552.2/30597.3/30827.2/30915
Intraday Support of GOLD are 30443.8/30398.7/30215.7/30128.8/30042.1
Silver trend for today- 05-Nov-2012
Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory 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.Positionally Immediate support for Silver is 57170.Resistance for the Silver is 58379-59378-59615-60075-60347-61982-
Short term and Intraday Level of SILVER
Intraday Trend- Buy is advised above 57889.5 with a stop at 57396.5 Below 57309.2 go for sellIntraday Resistance of SILVER are 57773.9/57919.1/58053.6/58174.1
Intraday Support of SILVER are 57424.1/57278.9/57093.8/56974.4
0 comments:
Post a Comment