Tuesday 11 November 2014

CAPITAL STROKE UPDATE 12 November 2014 : MCX GOLD





CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26500 R1-26200 S1-25500 S2-25300
Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is 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.Positionally Immediate support for Gold is 25063.Resistance for the Gold is 26131-26533-26818-26964-27398-27523-


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