MTECHTIPS MCX GOLD INTRADAY trading tips 17-07-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 17-07-2017
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 BUY signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 27840-.Resistance for the Gold is 28259-28499-28634-28754-28790-Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 27795 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 28218.7 with a stop at 27857 Below 27774 go for sell with a stop at 28135.3
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