MTECHTIPS MCX GOLD INTRADAY trading tips 26-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 26-04-2017
MTECHTIPS MCX Gold is in long- term bull phase .Currently 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 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 28411-.Resistance for the Gold is 28991-29066-29074-29219-29391-
Short term and Intraday Level of GOLD

Currently Gold is in SELL position Gold is moving sideways so short term investor better to buy only above 29447.0 or hold with stop at 28765.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 29072.4 with a stop at 28656.4 Below 28556.4 go for sell
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