MTECHTIPS MCX GOLD INTRADAY trading tips 17-04-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 17-04-2018

MTECHTIPS   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 Support for the Gold is 30779-30710-30544-30408-30126-29763-. Immediate resistance for Gold is 31688 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 if close above 31562 closing below 30675 Sell will happen. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 31491 with a stop at 31170 Below 31105 go for sell and put stop at 31425

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