Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
How AI prompting turned writerly description into an everyday skill 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Today’s space race could turn fatal if we don’t agree on new rules 
AI Memory Boom Sparks Global Chip Supply Crunch 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
 - EconoTimes)
Metal pack is trading red in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold gained further after price broke above $1168-70 resistance. Today's range - $1174-$1191.
- Gold might reach as high as $1225.
- Gold is currently trading at $1185/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver broken above resistance around $16/troy ounce but still struggling. Silver might move higher first around $16.4 and later $17.7 area. Today's range $15.9-16.2
- Silver is currently trading at $16.12/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper is marginally down today after rising yesterday over weak US data. Today's range $2.43-2.40.
- In short term Copper might target $2.69/pound.
- Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
- Copper is currently trading at $2.41/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+2.60% |
|
Silver |
+1.90% |
|
Copper |
-0.41% |
