MTECHTIPS MCX GOLD INTRADAY trading tips 03-08-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 03-08-2018

MTECHTIPS   Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 29252.Resistance for the Gold is 29864-29920-30186-30624-30879-30891-

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 29654 The Gold is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 29711 with a stop at 29345 Below 29263 go for sell and put stop at 29628

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