MTECHTIPS MCX GOLD INTRADAY trading tips 18-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 18-04-2017
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 showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28861-28828-28760-28638-28613-28364-. Immediate resistance for Gold is 29601
Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 29273 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 29550.9 with a stop at 29340.3 Below 29309.4 go for sell with stop at 29519.9
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