MTECHTIPS MCX GOLD INTRADAY trading tips 21-08-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 21-08-2018

MTECHTIPS   Gold is bearish for medium-long term .Currently Gold is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 SHORT position.Positionally Immediate support for Gold is 29151.Resistance for the Gold is 29710-29711-29819-30310-30646-30791-

Short term and Intraday Level of GOLD Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 29525 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 29652 with a stop at 29389 Below 29341 go for sell and put stop at 29604

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