MTECHTIPS MCX GOLD INTRADAY trading tips 02-04-2019
MTECHTIPS MCX GOLD INTRADAY trading tips 02-04-2019
MTECHTIPS Gold is bearish for medium-long term .Currently Gold is in downtrend 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 on BUY Signal and Gold is recovering from oversold level For short term Gold is in HOLD LONG position.Positionally Immediate support for Gold is 31374.Resistance for the Gold is 32011-32016-32086-32302-32425-32730- Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 31856 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 31763 with a stop at 31375 Below 31288 go for sell
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