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Gold Technical Comment For 17 Apr 2015


Gold prices ended lower on Thursday and again shying away from Rs 27000 per 10 grams. The prices ended the day at Rs 26645 per 10 grams on 16 April 2015 against Rs 26737 per 10 grams on 15 April 2015. Resistance for Gold is towards Rs 27000 and Rs 27100. Supports in Gold towards Rs 26450 are active. Gold price tested a high of Rs 26845 per 10 grams and a low of Rs 26568 per 10 grams on 16 April 2015. Open Interest for April contract was at 7461 on 16 April 2015 against 7449 on 15 April 2015.
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