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Technical Report For The Day: MCX Gold

MCX Gold: Technical Report

Technical Report For The Day: MCX GoldThe prices of MCX Gold closed at Rs 26326 per 10 grams. The prices of MCX Gold settled at Rs 26480 per 10 grams a day before. The prices dipped to levels of Rs 26280 per 10 grams. The prices tested a high of Rs 26533 per 10 grams. Volumes of Gold were 17022 in lots compared to 11504. Open interest for Gold moved higher to 7735 against 8061 on 25 October 2014. Supports for MCX Gold are expected to remain at Rs 26100 per 10 grams. On the higher side, resistance for Copper is at Rs 26600 per 10 grams.

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