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Gold and Silver Trends.
GOLD:
Gold and Silver Trends.
GOLD:
Trend
updated for-Apr/03/2013.CMP-29149 Overall trend of the Gold is bearish for
medium-long term.Currently Gold is showing some down move and trend is strong
but volume is unsatisfactory 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 showing SELL signal For short term Gold is
in HOLD SHORT position.Positionally Immediate support for Gold is
29004.Resistance for the Gold is 29628-29656-29666-29949-30217-30453
SILVER:
Trend updated for-Apr/03/2013.CMP-51473 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is in strong
downtrend and the trend is supported with good volume The open interest is not
increasing with trend . In last few days volume based selling happened in the
Silver. The oscillator is showing SELL signal For short term Silver is in SELL
position.Positionally Immediate support for Silver is 51049.Resistance for the
Silver is 53868-54101-54405-55292-56502-57457--.
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