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GOLD:

Trend updated for-Jan/10/2013.CMP-30794 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 and fresh Buy can be considered in the Gold if it close above31316 or buy with strict stop at 30496. 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 Immediate support for Gold is 30496.Resistance for the Gold is 30971-31001-31072-31347-31406-31411-

SILVER:

Trend updated for-Jan/10/2013.CMP-57970 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level .In last 1 month volatality is very less Buy the Silver above 59818 or buy with strict stop at 56578. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 56578.Resistance for the Silver is 58234-58330-59322-60510-60811-61176

Calls:

 CH CALL: SELL SILVER MAR BELOW 58015 TG1-57940 TG2-57850 TG3-57715 STOPLOSS-58283

CH CALL: SELL GOLD FEB BELOW 30875 TG1-30852 TG2-30822 TG3-30780 STOPLOSS-30951
 

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