MTECHTIPS MCX GOLD INTRADAY trading tips 21-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 21-04-2017
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 29035-28877-28833-28765-28709-28384-. Immediate resistance for Gold is 29657
Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in sideways and sellers was at high so for short term better buy above 29470.6 or hold with stop at 29201.0 The next resistance will be at 29539.0 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 29470.6 with a stop at 29178.1 Below 29119.9 go for sell and put stop at 29412.1
WWW.MTECHTIPS.COM
07489294118-119