Monday, 11 August 2014

CAPITAL STROKE UPDATE 11-August-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-28900 S1-28300 S2-28000
The Gold is in perfect uptrend .Currently Gold is in strong uptrend but volume is unsatisfactory 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.Positionally Support for the Gold is 28058-27967-27877-27868-27617-27377-. Immediate resistance for Gold is 29201

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