mcx gold intraday outlook for 15 oct 2015

gold future today closed at 27272 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 67 and overbought.
mcx gold intraday support levels are 27191 and 26950.
mcx gold intraday resistance levels are 27366 and 27518.
mcx gold intraday trade will be
sell mcx gold dec future around 27366
with stop loss for target 26950+.

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Pramod Baviskar

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