MTECHTIPS MCX GOLD INTRADAY trading tips 21-11-2018

MTECHTIPS MCX GOLD INTRADAY trading tips 21-11-2018

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 oversold level. The Gold is now trading in oversold level. The oscillator is showing BUY signal For short term Gold is in SELL position.Positionally Support for the Gold is 30685-30493-.Resistance for the Gold is 31136-31381-31382-31650- Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 30778 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 31002 with a stop at 30689 Below 30625 go for sell and put stop at 30939

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