MTECHTIPS MCX GOLD INTRADAY trading tips 13-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 13-04-2017
MTECHTIPS MCX Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28809-28679-28678-28585-28532-28352-. Immediate resistance for Gold is 29414
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 29358.8 or hold with stop at 28621.0 The next resistance will be at 29297.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29358.8 with a stop at 29135 Below 29099.5 go for sell and put stop at 29323.1
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