Gold
Currently Gold is in strong uptrend 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 higher 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 Gold is in HOLD LONG position.Positionally
Support for the Gold is 31823-31730-31404-31310-31205-31013-. Immediate
resistance for Gold is 32594
Silver
Currently Silver is in strong uptrend 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 Silver Cautious
point is buying at higher levels seems decreasing. The Silver is now trading in
overbought level. The Silver is now trading in overbought level. The oscillator
is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 62080-61638-61262-60593-60582-59565-Immediate
resistance for Silver is 64399.
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