GOLD:
Trend updated for-May/08/2013.CMP-26722 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 BUY signal .In last 1 month volatality is very
less and fresh Buy can be considered in the Gold if it close above27557 or buy
with strict stop at 25764. 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 Immediate
support for Gold is 25764.Resistance for the Gold is
26864-27044-27072-28337-28916-29355-
SILVER:
Trend updated for-May/08/2013.CMP-44861 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is moving sideways
The oscillator is showing BUY signal .In last 3 weeks Silver is trading in low
volatality and fresh Buy can be considered in the Silver if it close above46003
or buy with strict stop at 42169. The oscillator is showing BUY signal For
short term Silver is in HOLD LONG position.Positionally Support for the
Silver is 44636-44231-.Resistance for the Silver is 45722-49721-51625-53458-
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