MTECHTIPS MCX GOLD INTRADAY trading tips 11-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 11-08-2017
MTECHTIPS Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold 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 showing SELL signal For short term Gold is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Gold is 28501-28459-28427-28405-28390-28214-. Immediate resistance for Gold is 29340 Short term and Intraday Level of GOLD
Gold closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 29444.3 or hold with stop at 28300.0 The next resistance will be at 29223.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29444.3 with a stop at 29013.1 Below 28908.6 go for sell and put stop at 29339.3
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