MTECHTIPS MCX GOLD INTRADAY trading tips 19-04-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 19-04-2018

MTECHTIPS   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 The current position is BUY .Positionally Support for the Gold is 30935-30796-30632-30457-30187-29804-. Immediate resistance for Gold is 31717 Short term and Intraday Level of GOLD Currently 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 31762 with stop at 30870 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 31762 with a stop at 31388 Below 31306 go for sell and put stop at 31679

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