Metals are hardly moving today, with US closed for Independence Day. Performance this week at a glance in chart & table - Gold - Gold is treading water at low levels with US closed. No major safe haven bids over gold tod…
Metals are hardly moving today, with US closed for Independence Day. Performance this week at a glance in chart & table -
Gold -
Gold is treading water at low levels with US closed. No major safe haven bids over gold today, ahead of Greek referendum this week. Today's range - $1170-$1164
Gold is currently trading at $1167/troy ounce. Immediate support lies at $1152 and resistance at $1224, $1236-1240 area.
Silver -
Silver is better bid heading to the weekend. Today's range $15.73-$15.6
Silver is currently trading at $15.67/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 $2.62/pound, immediate support lies at $2.5 & resistance at $2.75, $2.84, $2.89, $2.95.
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