Gold declined in intra day trades on MCX on Thursday after four consecutive days of gains. The session on Thursday was critical in terms of trading swings. Gold prices were seen at Rs 25895 per 10 grams at the last tick on 13 August 2015 against Rs 26014 per 10 grams on 12 August 2015. Resistance for Gold is towards Rs 25900 and Rs 26100. Supports in Gold towards Rs 25700 are active. Gold price tested a high of Rs 25995 per 10 grams on 13 August 2015 and a low of Rs 25835 per 10 grams. Open Interest for October contract was at 8902 as on 13 August 2015 against 9197 on 12 August 2015.
Post A Comment: