Gold Technical Comment For 19 Oct 2015

Gold lost in the intraday trades ending Friday. The session saw Gold closing at Rs 27150 per 10 grams on 16 October 2015 against Rs 27257 on 15 October 2015. Resistance for Gold is towards Rs 27280 and Rs 27300. Support in Gold towards Rs 27000 is active. Gold price tested a high of Rs 27225 per 10 grams on 16 October 2015 and a low of Rs 27063 per 10 grams. Open Interest for October contract was at 7966 as on 16 October 2015 against 8124 on 15 Oct 2015.
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