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MTECHTIPS MCX GOLD INTRADAY trading tips 05-12-2018
MTECHTIPS Gold is
in long- short- 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 on BUY Signal and Gold is recovering from oversold
level For short term Gold is in HOLD SHORT position.Positionally Support for
the Gold is 30814-30545-30506-30445-.Resistance for the Gold is 31105-31365- Short
term and Intraday Level of GOLD Currently Gold is in HOLD SHORT position Gold
is in sideways and sellers was at high so for short term better buy above 31163
or hold with stop at 30107.0 The next resistance will be at 31019 The
oscillator is showing BUY signal Intraday
Trend- Buy is advised only above 31163 with a stop at 30815 Below 30741 go for
sell and put stop at 31088
07489294118-119
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