MTECHTIPS MCX GOLD INTRADAY trading tips 27-06-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 27-06-2017
MTECHTIPS Mcx Gold is bearish for medium-long term .Currently Gold is in strong downtrend but volume is unsatisfactory 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 28237.Resistance for the Gold is 28810-28835-28837-28947-28971-28988-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 28778.5 or hold with stop at 28350.0 The next resistance will be at 28820.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 28778.5 with a stop at 28347.7 Below 28242.4 go for sell and put stop at 28672.7
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