Commodities snapshot (precious & industrial)

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

Gold:

• Gold is struggling amid stronger USD. Today’s range $1216-1225
• Gold is currently trading at $1221/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.

Silver:

• Further decline likely as the silver breaks key support around $14.2 area. Up today on risk aversion. Today’s range $14.03-14.36
• Silver is currently trading at $14.17/troy ounce. Support lies at $14 & resistance at $16

Copper:

• Copper remains volatile over U.S. - China trade negotiations. Likely to decline further to test $2.5 area. Today’s range $2.76-2.81
• Copper is currently trading at $2.79/pound, immediate support lies at, $2.55 & resistance at  $2.81