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MCX Gold Trading Strategy for Intraday Traders

Gold Futures (MCX:GOLD1!)  
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MCX:GOLD1!   Gold Futures
Support and Resistance Moving Averages Supply and Demand Gold mcxgold mcxgoldtips freemcxgoldtips freemcxtips freecommoditytips freecommoditygoldtips commoditygold commoditysignals
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supportandresistance movingaverage supplyanddemand gold mcxgold mcxgoldtips freemcxgoldtips freemcxtips freecommoditytips freecommoditygoldtips commoditygold commoditysignals
Gold is taking reversal from the strong support (SS) level (48635). And at present, it's very close to the SS. Can we see a reversal again?

If gold remains above SS, then it can touch the following levels: 49000 - 49200 - 49400

But according to RSI, MA, & DMI, it seems in a downtrend. So, if MCX gold breaks the support level, we may see the following targets: 48460 - 48260 - 48000
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