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MTECHTIPS MCX GOLD INTRADAY trading tips 11-12-2018
MTECHTIPS Gold is
in perfect uptrend .Currently Gold is in strong uptrend with good momentum and
the trend is supported with good volume The open interest is not increasing
with trend . In last few days lot of positive accumulation happened in the Gold
Cautious point is buying at higer levels seems decreasing. The Gold is now
trading in overbought level. The Gold is now trading in overbought level. The
oscillator is showing BUY signal For short term The current position is BUY and
closed above 1 month high with volume signals up breakout.Positionally Support
for the Gold is 31187-30907-30805-30753-30695-30569-. Immediate resistance for
Gold is 32246 Short term and Intraday Level of GOLD Gold closed above 1 week
high with volume signals up breakoutCurrently Gold is in HOLD LONG position In
short term Gold is in strong up trend so hold with stop at 31205 The Gold is
now trading in highly overbought level. The oscillator is showing SELL signal Intraday
Trend- Buy is advised above 32419 with a stop at 31801 Below 31638 go for sell
with a stop at 32255
07489294118-119
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