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MTECHTIPS MCX GOLD INTRADAY trading tips 23-03-2017
MTECHTIPS MCX Gold is in long- medium- short- term bull phase .Currently Gold is in strong downtrend but volume is unsatisfactory 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 LONG position.Positionally Support for the Gold is 28749-28488-28473-28315-28291-.Resistance for the Gold is 29042-
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 28562 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 29012 with a stop at 28792.8 Below 28758.3 go for sell with a stop at 28977.4
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