Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

MTECHTIPS MCX GOLD INTRADAY trading tips 06-01-2017

Thursday, January 5, 2017 22:13
% of readers think this story is Fact. Add your two cents.

(Before It's News)

MTECHTIPS MCX GOLD INTRADAY trading tips 06-01-2017

 

MTECHTIPS Gold is bearish for medium-long term .Currently Gold is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold 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 showing BUY signal For short term The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Gold is 27385-27339-27224-.Resistance for the Gold is 28577-29118-29636-

Short term and Intraday Level of GOLD

Gold closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 28167.5 with stop at 27401.0 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 28167.5 with a stop at 27810.6 Below 27729.1 go for sell and put stop at 28085.7

WWW.MTECHTIPS.COM

 

07489294118-119

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.