Friday, 28 March 2014

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX GOLD



Trend updated for-Mar/28/2014.CMP-28449 Overall trend of the Gold is bearish for medium-long term .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 showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 28177.Resistance for the Gold is 29509-29659-29691-29804-29935-30075


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