MTECHTIPS MCX GOLD INTRADAY trading tips 09-04-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 09-04-2018

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 BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30465-30394-30309-29940-29669-.Resistance for the Gold is 30820-

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 30833 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 30892 with a stop at 30564 Below 30496 go for sell and put stop at 30824

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