CAPITAL STROKE UPDATE 16-May-2016 MCX Gold

Trend updated for-May/16/2016.CMP-30034 The Gold is in perfect uptrend .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 SELL signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 29904-29726-29457-29181-28923-28077-. Immediate resistance for Gold is 30660 For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 SUSCRIBE OUR SERVICES TODAY HURRY UP!!