MTECHTIPS MCX GOLD INTRADAY trading tips 07-03-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 07-03-2018

MTECHTIPS   Gold is in perfect uptrend.Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. 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 SELL position.Positionally Support for the Gold is 30384-30308-30260-29826-29463-29436-. Immediate resistance for Gold is 30962 Short term and Intraday Level of GOLD Gold closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position Gold has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 30818 with stop at 30119 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 30818 with a stop at 30419 Below 30327 go for sell and put stop at 30726

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