MTECHTIPS MCX GOLD INTRADAY trading tips 10-04-2017
MTECHTIPS MCX Gold is in long- short-medium- term bull phase .Currently Gold is moving sideways 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 above29156 or buy with strict stop at 28278. 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 28506-28499-28352-.Resistance for the Gold is 28829-28846-29024-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28927.1 with a stop at 28534.1 Below 28441.6 go for sell
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