MTECHTIPS MCX GOLD INTRADAY trading tips 03-01-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 03-01-2017
MTECHTIPS Mcx Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. 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 above27796 or buy with strict stop at 26755. 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 LONG position.Positionally Support for the Gold is 27452-27140-27108-.Resistance for the Gold is 28706-29258-29745-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 27381 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 27734.8 with a stop at 27460.3 Below 27405.7 go for sell with a stop at 27680
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