November 21, 2017

MTECHTIPS MCX GOLD INTRADAY trading tips 10-02-2017
MTECHTIPS Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. 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 LONG position.Positionally Support for the Gold is 28836-28826-28724-28515-28433-27950-. Immediate resistance for Gold is 29532
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 29159 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 29328.6 with a stop at 28940.5 Below 28850.1 go for sell with stop at 29237.9
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