Thursday 12 March 2015

CAPITAL STROKE UPDATE 13-MARCH-2015 : MCX GOLD

Trend updated for-Mar/13/2015.CMP-25655 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 HOLD SHORT position.Positionally Immediate support for Gold is 25460.Resistance for the Gold is 26273-26279-26417-26818-26940-26987

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