Mar/18/2013.CMP-29375 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 BUY signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 28995.Resistance for the Gold is 29522-29605-29742-30171-30434-30740-
Intraday Trend- Buy is advised above 29568.4 with a stop at 29249.2 Below 29182.1 go for sell
Intraday Resistance of GOLD are 29398/29417/29586.6/29632/29718.1/29804.4
Intraday Support of GOLD are 29352/29333/29162.9/29117.8/29032.6/28947.4
Intraday Resistance of GOLD are 29398/29417/29586.6/29632/29718.1/29804.4
Intraday Support of GOLD are 29352/29333/29162.9/29117.8/29032.6/28947.4
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