Gold Technical Comment For 10 July 2015

Gold closed lower during the last session as prices lost support of bottom fishing. The prices ended the day at Rs 26064 per 10 grams on 9 July 2015 against Rs.26213 per 10 grams on 8 July 2015. Resistance for Gold is towards Rs.26280 and Rs 26320. Supports in Gold towards Rs 26000 is active. Gold price tested a high of Rs per 25242 per 10 grams on 8 July 2015 and a low of Rs 26040 per 10 grams on 7 July 2015. Open Interest for June contract was at 7159 as on 9 July 2015 against 6811 on 8 July 2015.
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