Mcx Gold Trend Today Outlook 16 oct 2014– By Gravita Research

CMP-27252 Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing and upward momentum is also developing. 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 The current position is BUY .Positionally Support for the Gold is 26780-26759-26742-.Resistance for the Gold is 27521-27576-27698- For More Detail Visit Our SIte -- http://www.gravitaresearch.com/includes/commodities-tips.php