MTECHTIPS MCX GOLD INTRADAY trading tips 21-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 21-03-2017
MTECHTIPS MCX Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum 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 28279-28266-.Resistance for the Gold is 28742-28786-28949-29059-
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 28599.0 with stop at 27907.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 28621.7 with a stop at 28418.2 Below 28388.5 go for sell
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