Gold Outlook for Today,MCX Gold Trend for - 01-Feb-2013

GOLD TREND & INTRADAY LEVELS

Trend updated for-Feb/01/2013.CMP-29871 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume 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 inSELL position.Positionally Immediate support for Gold is 29675.Resistance for the Gold is 30546-30662-30799-30983-31235-31236- 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 30309.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 30055.1 with a stop at 29749.3 Below 29687.4 go for sell Intraday Resistance of GOLD are 30119.7/30326.2/30318.2/30405.4 Intraday Support of GOLD are 29622.3/29415.8/29625.8/29539.8 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.