MTECHTIPS MCX GOLD INTRADAY trading tips 06-09-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 06-09-2018

MTECHTIPS    Gold is bearish for medium-long term .Currently 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 29964-29851-29767-29666-.Resistance for the Gold is 30442-30678- Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 30518 or hold with stop at 30070 The next resistance will be at 30437.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 30518 with a stop at 30183 Below 30112 go for sell and put stop at 30446

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