MTECHTIPS MCX GOLD INTRADAY trading tips 28-12-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 28-12-2017
MTECHTIPS Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. 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 LONG position.Positionally Support for the Gold is 28697-28400-28392-.Resistance for the Gold is 29245-29436-29460- 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 29084.6 with stop at 28433.0 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 29084 with a stop at 28841 Below 28799 go for sell and put stop at 29042
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