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 - EconoTimes)
Metals are down today, as dollar maintained firmness. Performance this week at a glance in chart & table -
Gold -
- Gold is down today despite weaker than expected Non-farm. Today's range - $1156-$1169
- Gold is currently trading at $1164/troy ounce. Immediate support lies at $1152 and resistance at $1224, $1236-1240 area.
Silver -
- Silver unlike Gold, well defending the support area. Though weaker non-farm failed to ignite any rally. Today's range $15.8-$15.5
- Silver is currently trading at $15.65/troy ounce. Support lies at $15.42 & resistance at $17.5-17.7, 18.4-18.7.
Copper -
- Copper seems ready to move down once again. Today's range $2.65 - 2.62
- Sell copper with stop around $2.66, 2.68 and $2.72 with target of $2.51 and $2.4 area.
- Copper is currently trading at $2.63/pound, immediate support lies at $2.5 & resistance at $2.75, $2.84, $2.89, $2.95.
|
Gold |
-0.94% |
|
Silver |
-0.95% |
|
Copper |
-0.27% |
