MTECHTIPS MCX GOLD INTRADAY trading tips 08-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 08-03-2017
MTECHTIPS MCX Gold is in strong downtrend with good momentum but volume is unsatisfactory 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 SELL position.Positionally Support for the Gold is 28582-28298-.Resistance for the Gold is 28883-29329-29404-29410-
Short term and Intraday Level of GOLD

Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 29113.0 The Gold is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28933.5 with a stop at 28631.3 Below 28569 go for sell
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