Friday 12 September 2014

CAPITAL STROKE UPDATE 12 September-2014 : MCX GOLD



Trend updated for-Sep/12/2014.CMP-26986 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 oversold level. The Gold is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Gold is 26845.Resistance for the Gold is 27562-27697-27700-27889-28025-28048-


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