Gold Outlook for Today,MCX Gold Trend for - 26-Feb-2013

GOLD TREND & INTRADAY LEVELS

Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. 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 29146.Resistance for the Gold is 30028-30284-30340-30619-30836-31041- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy if close above 30040.0 closing below 29263.0 Sell will happen. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 29878.4 with a stop at 29457.1 Below 29356.4 go for sell and put stop at 29777.3 Intraday Resistance of GOLD are 29718/29801.8/29939.4/30026 Intraday Support of GOLD are 29516/29432.2/29251.3/29165.8 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.