MTECHTIPS MCX GOLD INTRADAY trading tips 14-02-2017
MTECHTIPS MCX GOLD INTRADAY trading tips 14-02-2017
MTECHTIPS MCX Gold is in long- medium- short-medium- short- term bull phase .Currently 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 28793-28782-28609-28407-27987-.Resistance for the Gold is 29200-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 29414.0 with stop at 28925.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29232.3 with a stop at 28886.6 Below 28810.3 go for sell
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