MTECHTIPS MCX GOLD INTRADAY trading tips 30-08-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 30-08-2017
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 . 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 and closed above 1 month high with volume signals up breakout.Positionally Support for the Gold is 29108-29012-28748-28558-28545-28451-. Immediate resistance for Gold is 30057 Short term and Intraday Level of GOLDGold 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 29960.2 or hold with stop at 28777.0 The next resistance will be at 29937.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29960.2 with a stop at 29483.7 Below 29364.7 go for sell and put stop at 29840.8
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