February 28, 2017

MTECHTIPS MCX GOLD INTRADAY trading tips 05-10-2016

MTECHTIPS Gold is bearish for medium-long term .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 Immediate support for Gold is 29765.Resistance for the Gold is 30872-31067-31080-31114-31259-31260-

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 31240.0 or hold with stop at 29885.0 The Gold is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 30506.5 with a stop at 29704.2 Below 29477.3 go for sell





Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.