MTECHTIPS MCX GOLD INTRADAY trading tips 07-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 07-09-2017
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 29577-29404-29093-28650-28610-28598-. Immediate resistance for Gold is 30407 Short term and Intraday Level of GOLDCurrently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 30000 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30272.8 with a stop at 29946.3 Below 29877.8 go for sell with stop at 30204
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