MTECHTIPS MCX GOLD INTRADAY trading tips 21-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 21-08-2017
MTECHTIPS Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . 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 The current position is BUY .Positionally Support for the Gold is 28765-28637-28516-28471-28428-28391-. Immediate resistance for Gold is 29561Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 29443.0 or hold with stop at 28800.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29423.4 with a stop at 29004 Below 28903.4 go for sell
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