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MTECHTIPS MCX GOLD INTRADAY trading tips 27-03-2017
MTECHTIPS MCX Gold is in long- short- term bull phase .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 and fresh Buy can be considered in the Gold if it close above29306 or buy with strict stop at 27795. 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 28452-28433-28393-28316-.Resistance for the Gold is 28995-28998-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 28919.2 with stop at 28392.0 The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 28919.2 with a stop at 28701.2 Below 28667 go for sell and put stop at 28884.9
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