MTECHTIPS MCX GOLD INTRADAY trading tips 21-05-2019
MTECHTIPS MCX GOLD INTRADAY trading tips 21-05-2019
MTECHTIPS Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory 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 BUY signal For short term Gold is in HOLD LONG position.Positionally Immediate support for Gold is 31250.Resistance for the Gold is 31904-31953-31958-32082-32332-32398- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 32003 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 31828 with a stop at 31360 Below 31246go for sell
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