Commodities snapshot (precious & industrial)

Metal pack is mixed today, silver and copper is down, while gold is up. Performance this week at a glance in chart & table -

Gold -

• Gold is showing promising signs of a rise. Today's range $1074-1089
• Gold is currently trading at $1090/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver is marginally down today. Today's range $13.87-14.1
• Silver is currently trading at $14.03/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper struggling to gain, amid China concern on its currency selloffs. Today's range $2.07-2.1
• 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.