Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
AI Memory Boom Sparks Global Chip Supply Crunch 
How AI prompting turned writerly description into an everyday skill 
How Donald Trump has changed the way diplomacy is done 
 - EconoTimes)
Metal pack is sharply down today. Performance this week at a glance in chart & table -
Gold -
- Gold is down more than 1% today. Next stop could be around $1050, price has reached lowest point since July. Today's range $1089-1074
- Gold is currently trading at $1080/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver -
- Silver is relatively better performer, however closing in on key support around $14. Today's range $14.5-14.2
- Silver is currently trading at $14.26/troy ounce. Support lies at $14 & resistance at $16.5.
Copper -
- Copper is down for seventh consecutive days. China's weakness is still weighing on copper. Today's range $2.22-2.16
- Longer term Call - Sell Copper targeting $1.85/pound.
- Copper is currently trading at $2.17/pound, immediate support lies at, $2 & resistance at $2.35.
|
Gold |
-0.92% |
|
Silver |
-3.39% |
|
Copper |
-3.21% |
