MTECHTIPS MCX GOLD INTRADAY trading tips 12-10-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 12-10-2017
MTECHTIPS Gold is in long- medium- short- term bull phase .Currently Gold is in strong downtrend 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 BUY signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 29516-29451-29332-28933-28885-.Resistance for the Gold is 29877-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy only above 29859.0 with stop at 29312.0 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 29840.4 with a stop at 29610.7 Below 29573.9 go for sell.
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