MTECHTIPS MCX GOLD INTRADAY trading tips 24-08-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 24-08-2018

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 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 Support for the Gold is 29480-.Resistance for the Gold is 29791-30216-30581-30757- 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 29559 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 29744 with a stop at 29510 Below 29472 go for sell with stop at 29705

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