MTECHTIPS MCX GOLD INTRADAY trading tips 26-10-2016
MTECHTIPS MCX GOLD INTRADAY trading tips 26-10-2016
MTECHTIPS Mcx 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 .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above30259 or buy with strict stop at 29183. 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 Gold is in HOLD LONG position.Positionally Support for the Gold is 29678-29642-.Resistance for the Gold is 30360-30783-30949-30963-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 30063.0 with stop at 29730.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 30135.8 with a stop at 29815.4 Below 29748.7 go for sell and put stop at 30068.9
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