Commodities snapshot (precious & industrial)

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

Gold -

• Gold dropped to lowest level since 2010. Today's range $1074-1052
• Gold is currently trading at $1057/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 $14.33-13.94
• Silver is currently trading at $14.1/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

• Copper is up, down over Chinese concern. Today's range $2.05-2.11
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.05/pound, immediate support lies at, $2 & resistance at $2.35.