Commodities snapshot (precious & industrial)

Metal pace is down today. Performance this week at a glance in chart & table -

Gold -

• Gold is under pressure since last night as risk aversion faded. Today's range $1095-1113
• Gold is currently trading at $1098/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 down in line with gold. Today's range $13.96-14.35
• Silver is currently trading at $14.05/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper is almost flat today as selloff over China abated. Today's range $2.01-2.05
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.02/pound, immediate support lies at, $2 & resistance at $2.35.

Gold	+3.39%
Silver	+1.22%
Copper	-5.06%