MTECHTIPS MCX GOLD INTRADAY trading tips 05-10-2018
MTECHTIPS 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 30574-30547-30450-30311-30079-30013-. Immediate resistance for Gold is 31475 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 31474 with stop at 30220 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 31474 with a stop at 30927 Below 30787 go for sell and put stop at 31333