Thursday 5 February 2015

CAPITAL STROKE UPDATE 6-FEB-2015 : MCX GOLD

Trend updated for-Feb/06/2015.CMP-27301 The Gold is in long- medium- term bull phase .Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume 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 on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD SHORT position and Gold closed below 1 week low with volume signals down breakout.Positionally Support for the Gold is 26976-26763-26746-.Resistance for the Gold is 27552-27835-27854-

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