India, Sept. 29 -- Technically Gold market is under fresh buying as market has witnessed gain in open interest by 6. 94% to settled at 14850 while prices up 488 rupees.
Now MCX Gold is getting support at 49539 and below same could see a test of 48939 levels and resistance is now likely to be seen at 50452 a move above could see prices testing 50765.
Gold yesterday settled up by 0.98% at 50138 as the dollar retreated from a two-month peak ahead of the U.S. presidential debates this week although a stock market rebound capped gains in bullion.
Gains in bullion were limited as the equities climbed mainly boosted by data over the weekend showing profits at China s industrial firms grew for the fourth straight month in August.
Investors were...