MTECHTIPS MCX GOLD INTRADAY trading tips 26-11-2018

MTECHTIPS MCX GOLD INTRADAY trading tips 26-11-2018

MTECHTIPS   Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum 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 Immediate support for Gold is 30290.Resistance for the Gold is 30745-30949-30975-31165-31388-31502-

Short term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 30779 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 30782 with a stop at 30321 Below 30208 go for sell

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