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MTECHTIPS:- Technical Comment For The Day: Gold

MTECHTIPS:- Technical Comment For The Day: Gold

Gold lost marginally in the intra day trades ending Monday. The session Monday saw Gold closing at Rs 26500 per 10 grams against Rs 26532 on 4 September 2015. Resistance for Gold is towards Rs 26600 and Rs 26650. Support in Gold towards Rs 26450 is active. Gold price tested a high of Rs 26607 per 10 grams on 7 September 2015 and a low of Rs 26462 per 10 grams. Open Interest for October contract was at 7432 as on 7 September 2015 against 7397 on 4 Sep 2015.

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