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Commodity trends

                      GOLD TRENDS AND INTRADAY LEVELS


The trend of the Gold is bearish for medium-long term .Currently Gold is in strong 

downtrend with good momentum and the trend is supported with good volume 

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 28605.Resistance for the Gold is 

29490-29573-29607-29900-30165-30410-



            SILVER TRENDS TODAY 5TH APRIL 



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 50221.Resistance for the Silver is 53114-53652-54130-54988-56307-57242-


1 comment:

  1. Commodity market is very unique and it is useful for long term as well as for short term investments.Commodity tips

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