Gold Outlook for Today,MCX Gold Trend for - 12-Mar-2013

GOLD TREND & INTRADAY LEVELS

Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory 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 in HOLD SHORT position.Positionally Immediate support for Gold is 28995.Resistance for the Gold is 29643-29704-29956-30312-30559-30853- Short term and Intraday Level of GOLD Currently Gold is in SELL position Gold is in down trend so buy above 29408.0 The sell will again come if below 29111.0 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 29548.9 with a stop at 29178 Below 29093.7 go for sell Intraday Resistance of GOLD are 29403/29471.1/29700.7/29786.9 Intraday Support of GOLD are 29239/29170.9/29015.3/28930.2 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.