gold intraday trading levels for 16 oct 2015

gold future today closed at 27257 with gain.
 
On daily chart, gold future 1 week price channel is up.
And 1 month price channel is showing uptrend.
Daily chart RSI is at 66 and overbought.
 
mcx gold intraday support levels are 27225 and 26995.
mcx gold intraday resistance levels are 27400 and 27455.
 
mcx gold intraday trade will be
sell mcx gold dec future around 27400
with stop loss for target 27225 and below.

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Pramod Baviskar

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