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MTECHTIPS MCX GOLD INTRADAY trading tips 28-03-2017
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 above29065 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 28448-28435-28424-28333-.Resistance for the Gold is 28975-29007-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is in profit booking mode so either sell of or keep stop at28738 so better sell and enter at lower level The Gold is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 28961.1 with a stop at 28701.3 Below 28653.2 go for sell
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