December 11, 2016

 

 MTECHTIPS MCX GOLD INTRADAY trading tips 21-09-2016

MTECHTIPS MCX OCT Gold Gold is in long- term bull phase .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 SELL signal .In last 1 month volatality is very less Buy the Gold above 31592 or buy with strict stop at 30438. 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 SHORT position.Positionally Support for the Gold is 30533-.Resistance for the Gold is 31137-31146-31165-31206-31265

 

Short term and Intraday Level of GOLD

 

Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 31178.0 with stop at 30792.0 The Gold is now trading is approaching oversold level. The oscillator is on BUY Signal and Gold is recovering from oversold level

Intraday Trend- Buy is advised above 31081.3 with a stop at 30814.6 Below 30767.1 go for sell.

 

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