Metal pack is mixed today. Performance this week at a glance in chart & table - Gold - Gold is struggling to gain as equities rise. Today's range $1211-1200 Gold is currently trading at $1206/troy ounce. Immediate suppor…
Metal pack is mixed today. Performance this week at a glance in chart & table -
Gold -
Gold is struggling to gain as equities rise. Today's range $1211-1200
Gold is currently trading at $1206/troy ounce. Immediate support lies at $1180 and resistance at $1230 area.
Active call - Buy gold @1200 area with stop around $1180 area and target around $1350 area.
Silver -
Silver is marginally down, similar to gold. Today's range $15.18-15.365Silver is currently trading at $15.29/troy ounce. Support lies at $14.1 & resistance at $16
Copper -
Copper is up, over rising risk appetite. Today's range $2.07-2.05
Longer term Call - Sell Copper targeting $1.85/pound.
Copper is currently trading at $2.07/pound, immediate support lies at, $1.95 & resistance at $2.15
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