MTECHTIPS MCX GOLD INTRADAY trading tips 25-01-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 25-01-2017
MTECHTIPS Mcx Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is 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 SELL signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28568-28467-28255-27948-27822-.Resistance for the Gold is 29297-
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 28857.0 with stop at 28460.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28896.1 with a stop at 28611 Below 28554.4 go for sell
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