Gold Outlook for Today,MCX Gold Trend for - 05-Mar-2013

GOLD TREND & INTRADAY LEVELS

Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Gold above 30564 or buy with strict stop at 29146. 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 SELL position.Positionally Immediate support for Gold is 29146.Resistance for the Gold is 29817-29928-30256-30486-30711-30976- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold is in down trend so buy above 29797.0 The sell will again come if below 29455.0 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 29947.9 with a stop at 29498.8 Below 29388.9 go for sell Intraday Resistance of GOLD are 29757.8/29832.3/30026.9/30113.6 Intraday Support of GOLD are 29578.2/29503.7/29337.8/29252.2

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