MTECHTIPS MCX GOLD INTRADAY trading tips 29-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 29-08-2017
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 on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 29050-28932-28703-28548-28523-28429-. Immediate resistance for Gold is 29636Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 29756.4 or hold with stop at 28777.0 The next resistance will be at 29518.0 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 29756.4 with a stop at 29347.2 Below 29250.4 go for sell and put stop at 29659.2
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