MTECHTIPS MCX GOLD INTRADAY trading tips 25-07-2017
MTECHTIPS MCX GOLD INTRADAY trading tips 25-07-2017
MTECHTIPS Gold is bearish for medium-long term .Currently Gold is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 Gold is in HOLD LONGposition.Positionally Support for the Gold is 28154-28040-27984-.Resistance for the Gold is 28673-28723-28724-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 28610.0 with stop at 28121.0 The Gold is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 28633.3 with a stop at 28429 Below 28398.9 go for sell
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