MTECHTIPS MCX GOLD INTRADAY trading tips 20-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 20-04-2017
MTECHTIPS MCX Gold is in strong uptrend and the trend is supported with good volume 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 The current position is BUY .Positionally Support for the Gold is 28987-28837-28833-28712-28689-28379-. Immediate resistance for Gold is 29657
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 29274 The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29535.6 with a stop at 29160.7 Below 29075.1 go for sell with stop at 29449.6
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