MTECHTIPS MCX GOLD INTRADAY trading tips 20-04-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 20-04-2018

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 31039-30868-30679-30489-30220-29825-. Immediate resistance for Gold is 31746 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 31304 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 31765 with a stop at 31482 Below 31430 go for sell with a stop at 31713

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