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 25034 per 10 grams on 20 July 2015 against Rs 25498 per 10 grams on 17 July 2015. Resistance for Gold is towards Rs 25250 and Rs 25300. Supports in Gold towards Rs 24850 is active. Gold price tested a high of Rs 25475 per 10 grams on 20 July 2015 and a low of Rs 24904 per 10 grams. Open Interest for June contract was at 7838 as on 20 July 2015 against 8437 on 17 July 2015.
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