MTECHTIPS:-Technical Comment For The Day: Gold

MTECHTIPS:-Technical Comment For The Day: Gold

Gold closed lower during the last session. The prices ended the day at Rs 25498 per 10 grams on 17 July 2015 against Rs 25771 per 10 grams on 16 July 2015. Resistance for Gold is towards Rs 25600 and Rs 25650. Supports in Gold towards Rs 25300 is active. Gold price tested a high of Rs 25756 per 10 grams on 17 July 2015 and a low of Rs 25461 per 10 grams. Open Interest for June contract was at 8437 as on 17 July 2015 against 7997 on 16 July 2015.

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