India, Sept. 23 -- Technically Gold market is under long liquidation as market has witnessed drop in open interest by 5. 48% to settled at 7466 while prices down 90 rupees.
Now MCX Gold is getting support at 50112 and below same could see a test of 49842 levels and resistance is now likely to be seen at 50669 a move above could see prices testing 50956.
Gold yesterday settled down by 0.18% at 50381 as a broader market sell-off driven by uncertainty over more U.S. fiscal stimulus pressured prices.
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