Monday 13 October 2014

CAPITAL STROKE UPDATE 13 October 2014 : MCX GOLD



CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27800 R1-27300 S1-26600 S2-26300

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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above27301 or buy with strict stop at 26208. 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 The current position is BUY .Positionally Support for the Gold is 26773-26729-26666-.Resistance for the Gold is 27525-27609-27714-

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