Wednesday, 11 February 2015

Technical Comment For The Day: Gold

Technical Comment For The Day: Gold

Gold prices got underpinned during session ending Tuesday The prices ended the day at Rs 26944 per 10 grams against Rs 27902 per 10 grams.

 Meanwhile a correction below Rs 26700 and Rs 26500 can be a active trigger for further declines.

 The prices are below resistance of Rs 27000 per 10 grams. Gold prices tested a high of Rs 26985 per 10 grams and a low of Rs 26811 per 10 grams.

  Volumes for April contract was at 11170 on Tuesday against 10080 on Monday

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