MTECHTIPS MCX GOLD INTRADAY trading tips 10-12-2018

MTECHTIPS MCX GOLD  INTRADAY trading tips 10-12-2018

MTECHTIPS    Gold is in strong uptrend 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 Gold is in HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Gold is 31156-30879-30792-30619-30606-30547-. Immediate resistance for Gold is 32149 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 30990 The Gold is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 32214 with a stop at 31254 Below 30978 go for sell with a stop at 31936

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