MTECHTIPS MCX GOLD INTRADAY trading tips 12-09-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 12-09-2018

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 30400-30256-30154-30079-29862-29836-. Immediate resistance for Gold is 30861 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 30472 The Gold is now trading in highly overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 30890 with a stop at 30599 Below 30544 go for sell with a stop at 30834

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