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MTECHTIPS MCX GOLD INTRADAY trading tips 11-04-2017
MTECHTIPS MCX Gold is in long- short-medium- 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 SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above29156 or buy with strict stop at 28278. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 28592-28529-28491-28350-.Resistance for the Gold is 28862-29028-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 28894.9 with stop at 28621.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 28894.9 with a stop at 28632.5 Below 28583.5 go for sell and put stop at 28845.7
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