CAPITAL STROKE UPDATE 2-May-2016 MCX Gold

Trend updated for-May/02/2016.CMP-30266 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 on SELL signal and Gold is coming down from overbought level For short term Gold is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Gold is 29221-29159-29053-28867-28396-27621-. Immediate resistance for Gold is 30497 For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 SUSCRIBE OUR SERVICES TODAY HURRY UP!!