CAPITAL STROKE UPDATE 11-May-2016 MCX Gold

Trend updated for-May/11/2016.CMP-29783 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 on SELL signal and Gold is coming down from overbought level For short term The current position is BUY .Positionally Support for the Gold is 29602-29321-29145-28775-27935-.Resistance for the Gold is 30073- For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 SUSCRIBE OUR SERVICES TODAY HURRY UP!!