MTECHTIPS MCX GOLD INTRADAY trading tips 11-07-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 11-07-2017
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 oversold level. The Gold is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 27493.Resistance for the Gold is 28330-28456-28667-28725-28799-28848- Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 28042.0 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 27969.2 with a stop at 27678.8 Below 27619.3 go for sell and put stop at 27909.4
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