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Commodities snapshot (precious & industrial) – ignore previous entry

Tuesday, September 8, 2015 4:01 PM UTC

Metal pack is trading in green today. Performance this week at a glance in chart & table -

Gold -

Gold has found support around $1115 area. Today's range - $1127-$1118
Sell gold with target around $1070 area and stop around $1150 area.
Gold is currently trading at $1125/troy ounce. Immediate support lies at $1108 and resistance at $1168 area.

Silver -

Silver is keeping on finding support around $14.5 area. Today's range $14.90-14.46
Silver is currently trading at $14.86/troy ounce. Support lies at $14 & resistance at $16.

Copper -

Copper is best performer today, after Glencore announced to shut some of its mines for next 18 months yesterday, leading to large amount of short covering.. Today's range $2.32-2.44.
Copper is currently trading at $2.43/pound, immediate support lies at, $2.2, 2.29 & resistance at $2.45.

Gold	+0.36%
Silver	+2.19%
Copper	+4.92%

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Commodities snapshot (precious & industrial) – ignore previous entry

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