MTECHTIPS MCX GOLD INTRADAY trading tips 19-10-2016

MTECHTIPS MCX GOLD INTRADAY trading tips 19-10-2016
MTECHTIPS MCX Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Gold above 31365 or buy with strict stop at 29183. 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 Support for the Gold is 29576-.Resistance for the Gold is 30146-30566-30893-30928-31095-
Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 29885.0 with stop at 29460.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29933.5 with a stop at 29682.6 Below 29638.9 go for sell and put stop at 29889.

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