8/11/2011 12:14:00 PM
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Free Intraday Commodity Tips Trend Range Levels (Gold) 11 August:
GOLD – Gold is currently trading in strong uptrend. This uptrend is supported with good volume.And it is adviced to BUY Gold as it is trading in overbought level. It has immediate Resistance near 26563 points and Support levels are near 24263 points and below this 23857 , then 23496 then 22838 then 22652 then 22475.
CMP- 26204
TREND- Uptrend
Trading in overbought level
Current Position- Buy
Support-Resistance Levels-
Support1- 24263 Support2- 23857 Support3- 23496
Support4- 22838 Support5- 22652 Support6- 22475
Resistance- 26563
Gold- Intraday Tips & Trend-
Buy Above - 26793.7 with a Stop Loss at - 25884
Sell Below - 25616.4 with a Stop Loss at- 26525.1
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