Gold analysis!!!

gold after sustaining the level of 29180 started the upside rally...!
CMP is 29770.. and this level seems to be crucial for the gold..!
Closing above 29800 will give a positive signal and the rally can continue for the gold....
neither there is any divergence nor and negative indication form MACD and ROC on hourly basis...!
Positive movement can be seen further in the gold!!!

looking at the daily chart... the price is now at the Fibonacci Level of 50%.
The MACD and ROC is showing more room for the positive movement...!
Level of 29780-29934-30152-30430 are the resistance level whereas 29630-29438 can be the support level..!
Positive movement can be expected!!