Sunday, 2 December 2018

MTECHTIPS MCX GOLD INTRADAY trading tips 03-12-2018


MTECHTIPS MCX GOLD  INTRADAY trading tips 03-12-2018
MTECHTIPS    Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume 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 SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 29987.Resistance for the Gold is 30689-30736-30795-31024-31187-31360- Short term and Intraday Level of GOLD Currently Gold is in SELL position The Gold is in downtrend For short term buy only if close above 30425 The Gold is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 30438 with a stop at 30110 Below 30042 go for sell and put stop at 30369
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