MTECHTIPS MCX GOLD INTRADAY trading tips 19-11-2018

MTECHTIPS MCX GOLD INTRADAY trading tips 19-11-2018

MTECHTIPS   Gold is in long- term bull phase .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 Support for the Gold is 30651-30486-.Resistance for the Gold is 31303-31372-31519-31740- Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold is showing some Up momentum So buy above 30977 with stop at 30605 The Gold is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 31254 with a stop at 30852 Below 30760 go for sell and put stop at 31161

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