MTECHTIPS MCX GOLD INTRADAY trading tips 06-10-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 06-10-2017

MTECHTIPS Gold is in long- term bull phase .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Support for the Gold is 28863-28831-.Resistance for the Gold is 29452-29749-29800-29926- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 29542.0 The Gold is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 29455.5 with a stop at 29178.2 Below 29125 go for sell

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