Commodities snapshot (precious & industrial)

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

Gold -

• Gold is up today despite stronger payroll data, as Dollar weakened anyway. Today's range $1058-1082
• Gold is currently trading at $1078/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.

Silver -

• Support at $14 area finally paid off, as silver rose sharply. Today's range $14.49-14.04
• Silver is currently trading at $14.44/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

• Copper gained over weaker Dollar but not much compared to precious pack. Today's range $2.09-2.04
• 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.