MTECHTIPS MCX GOLD INTRADAY trading tips 17-05-2019
MTECHTIPS MCX GOLD INTRADAY trading tips 17-05-2019
MTECHTIPS Gold is bearish for medium-long term .Currently Gold is in strong uptrend with good momentum 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 BUY signal For short term The current position is BUY .Positionally Support for the Gold is 31794-31734-31718-31678-.Resistance for the Gold is 32325-32431-
Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is moving sideways so short term investor better to buy only above 32538 with stop at 31782 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 32258 with a stop at 31803 Below 31694 go for sell
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