December 11, 2016

MTECHTIPS MCX GOLD INTRADAY trading tips 22-09-2016
MTECHTIPS MCX Gold is in perfect uptrend .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 but has moved past its recent high. 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 31019-30951-30922-30921-30907-30542-. Immediate resistance for Gold is 31363.

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 30866 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 31487.3 with a stop at 31033.1 Below 30923.5 go for sell with a stop at 31377.

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