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 
AI Memory Boom Sparks Global Chip Supply Crunch 
Today’s space race could turn fatal if we don’t agree on new rules 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
How Donald Trump has changed the way diplomacy is done 
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? 
Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
 - EconoTimes)
Metal pack is trading in red. Performance this week at a glance in chart & table
Gold
- Gold bulls are lacking conviction and gold is on the verge of falling for ninth consecutive days.
- Gold is currently trading at $1089/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver
- Silver is hovering below $15 support area. Today's range $14.5-14.95
- Silver is currently trading at $14.6/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper
- Copper dropped over further evidence of China's trade slowing down. Today's range $2.23-2.25
- Longer term Call - Sell Copper targeting $1.85/pound.
- Copper is currently trading at $2.24/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+0.00% |
|
Silver |
-1.08% |
|
Copper |
-0.09% |
