MTECHTIPS MCX GOLD INTRADAY trading tips 01-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 01-09-2017
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 29228-29150-28846-28580-28571-28495-. Immediate resistance for Gold is 30057Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 29476 The Gold is now trading is approaching overbought level. The oscillator is on SELL signal and Gold is coming down from overbought level
Intraday Trend- Buy is advised only above 30001.1 with a stop at 29587.6 Below 29489.7 go for sell and put stop at 29902.8
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