Gold Outlook for Today,MCX Gold Trend for - 11-Feb-2013

                                    

                                  GOLD TREND & INTRADAY LEVELS

Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold 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 Gold is in HOLD LONGposition.Positionally Support for the Gold is 30615-30423-30285-.Resistance for the Gold is 31152-31173- Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 30710 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 31025.2 with a stop at 30679.4 Below 30605.4 go for sell and put stop at 30950.9 Intraday Resistance of GOLD are 30828.7/30840/31027.3/31073.9/31162.1/31250.4 Intraday Support of GOLD are 30801.3/30790/30593.4/30547.3/30459.9/30372.7 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.