Commodities snapshot (precious & industrial)

The metal pack is mixed today. Performance this week at a glance in chart & table -

Gold:

• Gold is heading down further to test support around $1190 area. Today’s range $1202-1195
• Gold is currently trading at $1197/troy ounce. Immediate support lies at $1190, and resistance at $1230 area.

Silver:

• Silver is declined below key support, the worst performer of the week. Today’s range $17.11-17.31
• Silver is currently trading at $16.9/troy ounce. Support lies at $16.6, & resistance at $17.7

Copper:

• Active call - Copper is likely to rise towards $3.2 per pound. Testing key support around $2.55 area. Today’s range $2.6-2.57
• Copper is currently trading at $2.59/pound, immediate support lies at, $2.4 & resistance at  $2.7