MTECHTIPS MCX GOLD INTRADAY trading tips 24-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 24-04-2017
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 Gold is in HOLD LONG position.Positionally Support for the Gold is 29105-28935-28839-28805-28732-28395-. Immediate resistance for Gold is 29657
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 29539.0 with stop at 29201.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29600.3 with a stop at 29297.7 Below 29236.2 go for sell and put stop at 29538.6
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