Gold Outlook for Today,MCX Gold Trend for - 08-Feb-2013

                             GOLD TREND & INTRADAY LEVELS

Overall trend of the Gold is bearish for medium-long term .Currently Gold is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 LONG position. Positionally Support for the Gold is 30640-30427-30280-30182-.Resistance for the Gold is 31176-31183- Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 30575 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 31006.1 with a stop at 30660.5 Below 30586.5 go for sell with a stop at 30931.8 Intraday Resistance of GOLD are 30949.9/31077.7/31117.1/31205.4 Intraday Support of GOLD are 30642.1/30514.3/30415.5/30328.4 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.