MTECHTIPS MCX GOLD INTRADAY trading tips 29-03-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 29-03-2017
MTECHTIPS MCX Gold is in long- short-medium- short- term bull phase .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above29064 or buy with strict stop at 27795. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28726-28524-28430-28422-28349-.Resistance for the Gold is 29013-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 28948.0 with stop at 28703.0 The Gold is now trading is approaching overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level
Intraday Trend- Buy is advised only above 28978.2 with a stop at 28754.2 Below 28718.1 go for sell and put stop at 28941.9
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