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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% |
