SOURCE :- http://t.in.com/9sdA

The Gold is in long- medium- short-medium- term bull phase .Currently Gold is moving sideways The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level and has moved down its previous low with good volume points to a negative break out . The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level For short term Gold is in SELL position and Gold closed below 1 week low with volume signals down breakout.Positionally Support for the Gold is 31416-30635-30215-30077-.Resistance for the Gold is 31977-32033-