 - EconoTimes)
Metal pack is red today. Performance this week at a glance in chart & table -
Gold -
- Gold is struggling to make gains as sellers remain at large. However gold is consolidating around key level, more than two yearlong downward sloping channel floor around $1050. Today's range $1075-1069
- Gold is currently trading at $1072/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver -
- Silver is back testing $14 area once again looking for support. Today's range $14.11-14.41
- Silver is currently trading at $14.25/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.
Copper -
- Copper is up, but down-side pressure remains over demand/supply concern. Today's range $2.04-2.13
- 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.
|
Gold |
-0.52% |
|
Silver |
+0.59% |
|
Copper |
+2.01% |
