MTECHTIPS MCX GOLD INTRADAY trading tips 15-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 15-03-2017
MTECHTIPS MCX Gold is bearish for medium-long term .Currently Gold is in strong downtrend 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 SELL position.Positionally Immediate support for Gold is 27943.Resistance for the Gold is 28496-28807-28823-28906-29092-29187-
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 28388.0 The Gold is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28254.9 with a stop at 27958.7 Below 27897.6 go for sell
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