MTECHTIPS MCX GOLD INTRADAY trading tips 08-03-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 08-03-2018

MTECHTIPS   Gold is in strong downtrend with good momentum but volume is unsatisfactory 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 30308-30274-29859-29478-29442-.Resistance for the Gold is 30618- Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 30366 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 30713 with a stop at 30324 Below 30235 go for sell with stop at 30624

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