Wednesday 27 August 2014

CAPITAL STROKE UPDATE 28 August-2014 : MCX GOLD


CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28400 R1-28100 S1-27600 S2-27300

 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 SELL position.Positionally Support for the Gold is 27527-.Resistance for the Gold is 28006-28033-28219-28254-28409-


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