MTECHTIPS MCX GOLD INTRADAY trading tips 10-10-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 10-10-2017
MTECHTIPS The Gold is in long- medium- short- 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 29493-29489-29285-28903-28864-.Resistance for the Gold is 29909- Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 29901 with stop at 29260.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29901 with a stop at 29618 Below 29563.4 go for sell and put stop at 29846.
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