MTECHTIPS MCX GOLD INTRADAY trading tips 05-04-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 05-04-2017

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 Buy the Gold above 29079 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 SHORT position.Positionally Support for the Gold is 28626-28555-28529-28438-28368-.Resistance for the Gold is 29009-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in sideways and sellers was at high so for short term better buy above 29063.4 or hold with stop at 28404.0 The next resistance will be at 28963.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 29063.4 with a stop at 28732.7 Below 28661.1 go for sell and put stop at 28991.6

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