CAPITAL STROKE UPDATE 29-JAN-2015 : MCX GOLD

Trend updated for-Jan/29/2015.CMP-27759 The Gold is in long- medium- short-medium- short- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . 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 27391-27138-26842-26735-26722-Resistance for the Gold is 27878-

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