MTECHTIPS MCX GOLD INTRADAY trading tips 04-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 04-09-2017
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 29293-29193-28899-28595-28577-28518-. Immediate resistance for Gold is 30057Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy if close above 29937.0 closing below 29173.0 Sell will happen. The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29988.3 with a stop at 29710.8 Below 29658.2 go for sell and put stop at 29935.5
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