The metal pack is mixed today. The performance this week at a glance in the chart & table - Gold: Gold is up today over weaker USD. Remains upbeat on risk aversion. Today’s range $1235-1243 Gold is currently trading at $…
The metal pack is mixed today. The performance this week at a glance in the chart & table -
Gold:
Gold is up today over weaker USD. Remains upbeat on risk aversion. Today’s range $1235-1243
Gold is currently trading at $1242/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 weaker USD. Today’s range $14.70-14.41
Silver is currently trading at $14.61/troy ounce. Support lies at $14 & resistance at $16
Copper:
Copper remains upbeat as trade deal optimism returns with China reducing tariffs on imported cars. Likely to decline further to test $2.5 area once the optimism fades. Today’s range $2.76-2.71
Copper is currently trading at $2.73/pound, immediate support lies at, $2.55 & resistance at $2.81
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