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MTECHTIPS MCX GOLD INTRADAY trading tips 21-03-2017

Monday, March 20, 2017 23:21
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MTECHTIPS MCX GOLD INTRADAY trading tips 21-03-2017




MTECHTIPS MCX   Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Support for the Gold is 28279-28266-.Resistance for the Gold is 28742-28786-28949-29059-

Short term and Intraday Level of GOLD


Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy only above 28599.0 with stop at 27907.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 28621.7 with a stop at 28418.2 Below 28388.5 go for sell




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