Friday 31 October 2014

CAPITAL STROKE UPDATE 31 October 2014 : MCX GOLD



CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-26900 S1-26400 S2-26200
 Overall trend of the Gold is bearish for medium-long term.Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume 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 and closed below 3 week low with volume signals down breakout.Positionally Immediate support for Gold is 26456.Resistance for the Gold is 27130-27285-27300-27313-27573-27620-

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