MTECHTIPS MCX GOLD INTRADAY trading tips 17-08-2018 MTECHTIPS Gold is bearish for medium-long term.Currently Gold is showing some down move and trend is strong and 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 BUY signal For short term Gold is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 29166.Resistance for the Gold is 29742-29761-29875-30381-30690-30812- Short term and Intraday Level of GOLD Gold and closed below 1 week low with volume signals down breakoutCurrently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 29893 or hold with stop at 29283 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 29636 with a stop at 29147 Below 29024 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 17 2018 11:05AM, by MTECHTIPS in Currency| Share This