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GOLD:

Trend updated for-Feb/18/2013.CMP-30194 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 SELL signal .In last 1 month volatality is very less Buy the Gold above 31014 or buy with strict stop at 29675. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 29675.Resistance for the Gold is 30551-30578-30692-30764-31054-31128-

SILVER:

Trend updated for-Feb/18/2013.CMP-56063 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 55723.Resistance for the Silver is 57661-57955-58453-58499-59823-59899-

Today's Mcx Calls:

SELL GOLD APR BELOW 30307 TG1-30284 TG3-30254 TG3-30210 STOPLOSS-30381

BUY LEAD FEB ABOVE 130.5 TG1-131 TG2-131.5 TG3-132.1 STOPLOSS-129.45 

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