MTECHTIPS MCX GOLD INTRADAY trading tips 24-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 24-08-2017
MTECHTIPS Gold is in strong uptrend and the trend is supported with good volume 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 BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28996-28770-28597-28534-28474-28403-. Immediate resistance for Gold is 29561Short term and Intraday Level of GOLD Currently Gold is in SELL position Gold is in sideways so for short term better buy above 29443.0 with stop at 29036.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 29333.4 with a stop at 29050.4 Below 28995 go for sell and put stop at 29277.9
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