Wednesday 23 July 2014

CAPITAL STROKE UPDATE 24-July-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28500 R1-28200 S1-27600 S2-27400
Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above28703 or buy with strict stop at 27254. 
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 HOLD LONG position.Positionally Support for the Gold is 27731-27686-27673-27249-.Resistance for the Gold is 28111-28345-

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