Monday, 11 February 2013

Short term and Intraday Level of GOLD

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Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 30710 
The Gold is now trading in highly overbought level. 
The oscillator is showing BUY signal 
Intraday Trend- 
Buy is advised only above 31025.2 with a stop at 30679.4 Below 30605.4 go for sell 
and put stop at 30950.9
Intraday
 Resistance of GOLD are 30828.7/30840/31027.3/31073.9/31162.1/31250.4
Intraday 
Support of GOLD are 30801.3/30790/30593.4/30547.3/30459.9/30372.7

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