Mcx Gold Trend Today Outlook 29 oct 2014– By Gravita Research

CMP-27135 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 . 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 on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 26897-.Resistance for the Gold is 27276-27357-27415-27555-27662- For More Detail Visit Our SIte -- http://www.gravitaresearch.com/includes/commodities-tips.php