MTECHTIPS MCX GOLD INTRADAY trading tips 09-10-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 09-10-2017
MTECHTIPS The Gold is in long- medium- 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 29259-28888-28854-.Resistance for the Gold is 29710-29737-29913-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is showing some Up momentum So buy above 29518.0 with stop at 29260.0 The Gold is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29790.1 with a stop at 29435.2 Below 29356.5 go for sell and put stop at 29711.1
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