December 9, 2016

MTECHTIPS MCX GOLD INTRADAY trading tips 26-09-2016

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 BUY signal .In last 1 month volatality is very less Buy the Gold above 31592 or buy with strict stop at 30669. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 31026-30982-30970-30941-30927-30566-. Immediate resistance for Gold is 31592.

Short term and Intraday Level of GOLD

 

Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 31466.1 or hold with stop at 30841.0 The next resistance will be at 31380.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 31466.1 with a stop at 31157.4 Below 31096.3 go for sell and put stop at 31404.

 

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