Wednesday 20 August 2014

CAPITAL STROKE UPDATE 21-August-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28600 R1-28400 S1-27900 S2-27600
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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