Metal pack is having another down day. Performance this week at a glance in chart & table - Gold - Gold bears are at it again, pushing the metal lower. Today's range $1085-1095 Gold is currently trading at $1086/troy oun…
Metal pack is having another down day. Performance this week at a glance in chart & table -
Gold -
Gold bears are at it again, pushing the metal lower. Today's range $1085-1095
Gold is currently trading at $1086/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver -
Silver is closing in on $14 support area. Today's range $14.5-14.3
Silver is currently trading at $14.33/troy ounce. Support lies at $14 & resistance at $16.5.
Copper -
Copper is down for sixth consecutive days. Weaker Chinese industrial production data is weighing on Copper. It touched lowest in six years. 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, $2 & resistance at $2.5.
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