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abhishekpatel

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Posts: 7
Reply with quote  #1 

Mcx Silver updates:

On thursday Mcx Gold and silver both follow same path and traded at down side with lower prices. Silver going down side with -87.00 points , stands with 33888 and continuosly fluctuate.

Crude oil and natural gas both are traded at opposite side with different prices. Crude oil goes down side with -17.00 points while natiral gas traded at upside with 1.20 points upside and stands with 184.70 points.

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allianceresearch

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Reply with quote  #2 
Overall trend of the Gold is bearish for medium-long term .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 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 25120-25008-24882-.Resistance for the Gold is 26042-26406-26512.

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fib_1618

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Reply with quote  #3 
Longer term gold price trends against the major global currencies...weekly basis.

Thanks for the posts.

Fib

weeklytgold081315.png


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