The prices of MCX Gold charged forward in the intraday moves on 21 June 2015. The prices closed at Rs 26936 per 10 grams against Rs 26837 10 grams on 20 April 2015. The prices of Gold are expected to face resistance at Rs 27000 per 10 grams. The trendline has been moving forward with higher highs noted in the Gold contract. On the lower side, supports for Gold are at Rs 26600 per 10 grams. Prices of Gold tested a high of Rs 26950 and a low of Rs 26753 per 10 grams on Monday. Volumes for Gold were at 10000 against 12118 on 20 April 2015. The prices of Gold are expected to show more strength if Gold manages to break Rs 27000 per 10 grams.
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