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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 Tuesday. The session Tuesday saw Gold closing at Rs 26424 per 10 grams against Rs 26500 on 7 September 2015. Resistance for Gold is towards Rs 26550 and Rs 26600. Support in Gold towards Rs 26380 is active. Gold price tested a high of Rs 26518 per 10 grams on 8 September 2015 and a low of Rs 26386 per 10 grams. Open Interest for October contract was at 7429 as on 8 September 2015 against 7432 on 7 Sep 2015.

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