MTECHTIPS MCX GOLD INTRADAY trading tips 21-06-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 21-06-2017
MTECHTIPS Mcx Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 28373.Resistance for the Gold is 28834-28891-28959-28983-29024-29065-
Short term and Intraday Level of GOLD

Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 28683.0 The Gold is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28644.5 with a stop at 28438.4 Below 28407.8 go for sell.
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