Commodities snapshot (precious & industrial)

The metal pack is down today. The performance this week at a glance in chart & table -

Gold:

• Gold is down amid stronger dollar. Testing a key support line at the moment. Today’s range $1248-1239
• Gold is currently trading at $1242/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.

Silver:

• Sell silver targeting $14 area. Today’s range $15.77 -16.01
• Silver is currently trading at $15.83/troy ounce. Support lies at $15.4 & resistance at $16.8

Copper:

• Copper selloff continues amid trade war fear. The worst performer of the week so far. Today’s range $2.75-2.79
• Copper is currently trading at $2.77/pound, immediate support lies at, $2.76 & resistance at  $2.95

 

Gold	-0.96%
Silver	-1.13%
Copper	-1.99%