MTECHTIPS MCX GOLD INTRADAY trading tips 14-09-2018

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MTECHTIPS MCX GOLD INTRADAY trading tips 14-09-2018

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 oscillator is on SELL signal and Crudeoil is coming down from overbought level For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30200-30139-29911-29862-.Resistance for the Gold is 30574-30627- 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 30456 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 30705 with a stop at 30292 Below 30195 go for sell with stop at 30608

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