Sunday 17 August 2014

CAPITAL STROKE UPDATE 18-August-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-28900 S1-28300 S2-28100
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 BUY signal For short term The current position is BUY .Positionally Support for the Gold is 28362-28153-28047-27827-27607-27531-. Immediate resistance for Gold is 29201

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