Gold Technical Comment For 14 July 2015

Gold closed marginally lower during the last session as prices remained indecisive. The prices ended the day at Rs 26024 per 13 grams on 10 July 2015 against Rs.26058 per 10 grams on 10 July 2015. Resistance for Gold is towards Rs 26120 and Rs 26150. Supports in Gold towards Rs 25850 is active. Gold price tested a high of Rs per 26115 per 10 grams on 10 July 2015 and a low of Rs 25037 per 10 grams. Open Interest for June contract was at 7480 as on 13 July 2015 against 7178 on 10 July 2015.
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