GOLD:
Trend updated for-Jan/07/2013.CMP-30907 Overall trend of
the Gold is bearish for medium-long term .Currently Gold is showing some up
move after small correction and trend is strong and supported with good volume
The open interest is not increasing with trend . Caution note 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 Gold is in HOLD LONG position.Positionally Support for the Gold is
30709-30696-.Resistance for the Gold is 31130-31366-31436-31451-
SILVER:
Trend updated for-Jan/07/2013.CMP-57986 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is moving sideways
The Silver is now trading in oversold level. The Silver is now trading in
oversold level. The oscillator is showing BUY signal .In last 1 month volatality
is very less and fresh Buy can be considered in the Silver if it close
above60943 or buy with strict stop at 56578. The Silver is now trading in
oversold level. The Silver is now trading in oversold level. The oscillator is
showing BUY signal For short term Silver is in HOLD LONG position.Positionally
Support for the Silver is 57740-.Resistance for the Silver is
58289-59868-60656-60955-61342-
Today's Call
CH UPDATE CALL: : SELL SILVER MAR BELOW 57565 TG1-57500 TG2-57410 TG3-57265 STOPLOSS-57823
CH CALL: SELL SILVER MAR BELOW 58315 TG1-58250 TG2-58160 TG3-58000 STOPLOSS-58583
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