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Metal pack is trading red in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold is heading towards its support line around $1125 area as FED last night kept December hike possibility on the table.
- Gold is currently trading at $1151/troy ounce. Immediate support lies at $1136 and resistance at $1165 area.
Silver -
- Silver is down in line with gold after reaching first target area around $16.4/troy ounce. Today's range $16-15.55
- Silver is currently trading at $15.6/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper is struggling to gain above $2.38 area. Today's range $2.32-2.37.
- 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 $2.33/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
-1.12% |
|
Silver |
-1.20% |
|
Copper |
-0.77% |
