Gold Technical Comment For 10 Aug 2015

Gold appreciated in intra day trades on MCX. The session on Friday was critical in terms of trading swings. The prices ended the day at Rs 24895 per 10 grams on 7 August 2015 against Rs 24788 per 10 grams on 6 August 2015. Resistance for Gold is towards Rs.24940 and Rs.24980. Supports in Gold towards Rs.24750 are active. Gold price tested a high of Rs 24985 per 10 grams on 7 August 2015 and a low of Rs 24710 per 10 grams.
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