Gold Outlook for Today,MCX Gold Trend for - 06-Feb-2013

                                GOLD TREND & INTRADAY LEVELS

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. TheGold  is now trading in overbought level. The oscillator is on BUY Signal and Gold is recovering from oversold level For short term Gold is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Gold is 30441-30258-30109-.Resistance for the Gold is 30908-31195-31196- Short term and Intraday Level of GOLD Gold closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 30154 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 30915.5 with a stop at 30410.7 Below 30283.5 go for sell with stop at 30787.9 Intraday Resistance of GOLD are 30746.2/30868.4/31007.8/31096 Intraday Support of GOLD are 30451.8/30329.6/30307.5/30220.5 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.