Commodities snapshot (precious & industrial)

Metal pack is down, in today's trading. Performance this week at a glance in chart & table -

Gold -

• Gold is awaiting FOMC minutes, while heading towards channel low around $1050. Today's range $1072-1063
• Gold is currently trading at $1068/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

• Silver dropped to key support around $14. Today's range $14.25-14.04
• Silver is currently trading at $14.09/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

• Copper is down for eleven consecutive days, declined close to 12% at a stretch. Today's range $2.10-2.06
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.08/pound, immediate support lies at, $2 & resistance at $2.35.