Home / TIPS / MTECHTIPS MCX GOLD INTRADAY trading tips 14-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 14-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 14-09-2017

MTECHTIPS   Gold is in long- medium- short-medium- short- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY .Positionally Support for the Gold is 29699-29417-28779-28736-28641-.Resistance for the Gold is 30148-Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below29696.1 Buy if above 30474.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 30076.4 with a stop at 29761.2 Below 29696.1 go for sell

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