MTECHTIPS MCX GOLD INTRADAY trading tips 07-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 07-03-2017
MTECHTIPS MCX Gold is in long- medium- term bull phase .Currently Gold is in 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 SELL position.Positionally Support for the Gold is 28664-28548-28303-.Resistance for the Gold is 29336-29427-29459-
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 29270.0 The Gold is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29148.7 with a stop at 28814.5 Below 28741.9 go for sell
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