Commodities snapshot (precious & industrial)

Metals are trading flat today. Focus is on this week's NFP report. Performance this week at a glance in chart & table -

Gold -

• Gold is rising sharply since 6 am Eastern Time from $1180. It has broken above $1200. Safe haven bids might be chasing gold over Middle East tensions. Gold has jumped back from support area.
  
  
• Gold is currently trading at $1205, immediate support lies at 1178, 1160 and resistance at 1224.

Silver -

• Silver is performing well, still not as well as Gold. Silver jumped back from $16.5, however struggling to break above $17.
  
  
• Mint ratio is at 71.21, up 0.1% today.
  
  
• Silver is currently trading at $16.9/troy ounce. Price still might weaken further. Support lies at 15.42,14 & resistance at 17.5-17.7.

Copper -

• Copper broke key support at $2.74/pound today. However jumped back from $2.71 level.
  
  
• Current move suggest bulls and bears remain at balance. Downside target is coming around $2.52, with a stop of $2.86, upside target is around $3.1 with stop of $ 2.46.
  
  
• Copper is currently trading at $2.75/pound. Immediate support lies at 2.59 & resistance at 2.87, 2.93, and 3.07.