MTECHTIPS MCX GOLD INTRADAY trading tips 17-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 17-08-2017
MTECHTIPS Gold is in downtrend 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 BUY signal For short term The current position is BUY .Positionally Support for the Gold is 28627-28540-28509-28405-28397-28366-. Immediate resistance for Gold is 29412Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 28965 The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29164 with a stop at 28817.3 Below 28740.6 go for sell and put stop at 29087
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