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Metal pack is trading green in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold is marginally up. Rallies are finding heavy offers. Today's range - $1162-$1170.
- Gold might reach as high as $1225. However in the immediate term a test of $1225 support line is possible.
- Gold is currently trading at $1166/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is hovering around $16 area. Silver might move higher first around $16.4 and later $17.7 area. Today's range $15.75-16
- Silver is currently trading at $15.9/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper is marginally up but facing heavy offers at rallies. Today's range $2.33-2.38.
- 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 $2.35/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+0.17% |
|
Silver |
+0.70% |
|
Copper |
+0.09% |
