Gold Outlook for Today,MCX Gold Trend for - 31-Jan-2013

GOLD TREND & INTRADAY LEVELS

Trend updated for-Jan/31/2013.CMP-30217 Overall trend of the 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 29886.Resistance for the Gold is 30618-30723-30840-31009-31243-31245- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 30368.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 30403.2 with a stop at 30093.9 Below 30031.3 go for sell Intraday Resistance of GOLD are 30377.1/30510/30521.7/30609.2 Intraday Support of GOLD are 30056.9/29924/29826.9/29740.6 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.