Commodities snapshot (precious & industrial)

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

Gold -

• Gold is up today, however isn't showing much of a strength bouncing from channel floor. . Today's range $1075-1063
• Gold is currently trading at $1065/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

 Silver -

• Silver is finding support around $14 area. Today's range $14.27-14.02
• Silver is currently trading at $14.1/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

• Copper is sharply up today as Chinese PMI didn't worsen much. Today's range $2.04-2.08
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.07/pound, immediate support lies at, $2 & resistance at $2.35.