MTECHTIPS MCX GOLD INTRADAY trading tips 20-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 20-03-2017
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 Support for the Gold is 28323-28265-.Resistance for the Gold is 28757-28866-28936-29079-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 28684.5 or hold with stop at 27907.0 The next resistance will be at 28540.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 28684.5 with a stop at 28393 Below 28334 go for sell and put stop at 28625.3
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