MTECHTIPS MCX GOLD INTRADAY trading tips 28-06-2017


MTECHTIPS MCX GOLD INTRADAY trading tips 28-06-2017

MTECHTIPS Mcx 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 SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 28237.Resistance for the Gold is 28771-28815-28842-28921-28940-28961-

Short term and Intraday Level of GOLD

 

Currently Gold is in HOLD SHORT position Gold is in sideways and sellers was at high so for short term better buy above 28706.2 or hold with stop at 28350.0 The next resistance will be at 28820.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 28706.2 with a stop at 28448 Below 28400.2 go for sell and put stop at 28658.2

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07489294118-119

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