Tuesday, 10 March 2015

CAPITAL STROKE UPDATE 11-MARCH-2015 : MCX GOLD

Trend updated for-Mar/11/2015.CMP-25919 Overall trend of the Gold is bearish for medium-long term Currently Gold is in strong downtrend but volume is unsatisfactory 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 showing BUY signal For short term Gold is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 25677.Resistance for the Gold is 26353-26389-26528-26855-26958-27028

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