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Today's Trends:
GOLD:
Trend updated for-Jan/09/2013.CMP-30974 Overall trend of
the Gold is bearish for medium-long term .Currently Gold is in strong uptrend
and the trend is supported with good volume The open interest is not increasing
with trend . Cautious point is 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 30741-30731-.Resistance
for the Gold is 31100-31354-31417-31428-
SILVER:
Trend updated for-Jan/09/2013.CMP-58470 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is moving sideways
The oscillator is showing BUY signal .In last 1 month volatality is very less
Buy the Silver above 59818 or buy with strict stop at 56578. The oscillator is
showing BUY signal For short term Silver is in HOLD SHORT position.Positionally
Support for the Silver is 57820-57791-.Resistance for the Silver is
59522-60555-60871-61229-
NICKEL:
Trend updated for-Jan/09/2013.CMP-957 The Nickel is in
long- medium- short- term bull phase .Currently Nickel is showing some up move
after small correction and trend is strong but volume is unsatisfactory The
open interest is not increasing with trend .. The oscillator is showing BUY
signal For short term Nickel is in HOLD LONG position.Positionally
Support for the Nickel is 950-949-935-927-917-.Resistance for the Nickel is 963-
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