MTECHTIPS MCX GOLD INTRADAY trading tips 19-01-2018

MTECHTIPS MCX GOLD INTRADAY trading tips 19-01-2018
MTECHTIPS Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 HOLD LONG position.Positionally Support for the Gold is 29369-29269-29266-29130-29002-28949-. Immediate resistance for Gold is 29969
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is in profit booking mode so better sell and enter at lower level The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29818 with a stop at 29529.1 Below 29472.5 go for sell.

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