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GOLD:

Trend updated for-Feb/05/2013.CMP-30293 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume 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 on BUY Signal and Gold is recovering from oversold level For short term Gold is in SELL position.Positionally Support for the Gold is 30119-.Resistance for the Gold is 30513-30698-30920-31203-

SILVER:

Trend updated for-Feb/05/2013.CMP-58418 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Silver above 60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58732-58946-59066-59496-60265-60302-

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