Wednesday, September 28, 2011

Gold Trend today 29th Sept

Gold is Currently trading at Down Trend today Its at 26050 as it first Resistance levels and 25500 as its first Support Levels, it may Cross 1600 Levels.
Here a great Opportunity Still exists it it decisively breaks the inner Trend line and may seems that other indicators are bullish as well.
Gold Trend Today 29th Sept: 


TREND
Bearish
RESISTANCE 2
26400
RESISTANCE 1
26050
SUPPORT 1
25500
SUPPORT 2
25150
STRATEGY
Sell on higher Levels

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3 comments:

  1. COMEX Gold futures mostly eased yesterday as the US dollar managed to hold its latest gains and traders booked profits in gold after a modest uptick on Friday.

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