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GOLD:
Trend updated
for-Mar/23/2013.CMP-29676 Overall trend of the Gold is bearish for medium-long
term .Currently Gold is in strong uptrend with good momentum and the trend is
supported with good volume The open interest is not increasing with trend . In
last few days lot of positive accumulation happened in the Gold 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 The current position is BUY .Positionally
Support for the Gold is 29460-29448-29391-Resistance for the Gold is
30074-30360-30633-
SILVER:
Trend updated
for-Mar/23/2013.CMP-54125 Overall trend of the Silver is bearish for
medium-long term .Currently Silver is in uptrend but volume is unsatisfactory
The open interest is not increasing with trend. The oscillator is showing SELL
signal for short term Silver is in SELL position.Positionally Immediate support
for Silver is 53676.Resistance for the Silver is
54519-54710-54808-56112-56983-58196-
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