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GOLD:
Trend updated for-Mar/09/2013.CMP-29335 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 Crudeoil is now
trading in oversold level. The oscillator is showing SELL signal For short term
Gold is in HOLD SHORT position.Positionally
Immediate support for Gold is 28995.Resistance for the Gold is
29749-29761-30075-30373-30615-30901-
SILVER:
Trend updated for-Mar/09/2013.CMP-54854 Overall trend of
the Silver is bearish for medium-long term .Currently Silver 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 Silver is in HOLD
LONG position.Positionally Support for the Silver is
54004-53852-.Resistance for the Silver is 55433-57196-57971-59033-
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