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MTECHTIPS MCX GOLD INTRADAY trading tips 04-04-2017
MTECHTIPS MCX Gold is in long- short-medium- 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 above29064 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 The current position is BUY .Positionally Support for the Gold is 28583-28478-28417-28376-.Resistance for the Gold is 28854-29008-
Short term and Intraday Level of GOLD
Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 28660.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 28942 with a stop at 28553.7 Below 28462.7 go for sell and put stop at 28850.7
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