MTECHTIPS MCX GOLD INTRADAY trading tips 06-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 06-09-2017
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 The current position is BUY .Positionally Support for the Gold is 29487-29329-29026-28634-28592-28580-. Immediate resistance for Gold is 30388 Short term and Intraday Level of GOLDCurrently Gold is in BUY position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 30442.6 with stop at 29412.0 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 30442.6 with a stop at 30083.3 Below 30004.1 go for sell and put stop at 30363
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