MTECHTIPS MCX GOLD INTRADAY trading tips 2-12-2019
MTECHTIPS MCX GOLD INTRADAY trading tips 2-12-2019
MTECHTIPS- Gold is in long- medium- short-medium- short- term bull phase .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 HOLD SHORT position.Positionally Support for the Gold is 37844-37832-37776-37764-37455-.Resistance for the Gold is 38292- Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways and sellers was at high so for short term better buy above 38339.6 or hold with stop at 37482.0 The next resistance will be at 38114.0 The oscillator is showing BUY signal
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