Commodities snapshot (precious & industrial)

Metal pack is trading in red. Performance this week at a glance in chart & table.

Gold 

• After yesterday's brief profit booking rally gold is down again. Today's range $1085-1095
• Gold is currently trading at $1089/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver 

• Silver is closing in on $14 support area. Today's range $14.6-14.3
• Silver is currently trading at $14.35/troy ounce. Support lies at $14 & resistance at $16.5.

Copper 

• Copper is down for fifth consecutive days. Weaker Chinese data is weighing on Copper. Today's range $2.24-2.2
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.21/pound, immediate support lies at, $2.2 & resistance at $2.5.

Gold	-0.09%
Silver	-2.78%
Copper	-1.43%