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 - EconoTimes)
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Metals are mixed today. Performance this week at a glance in chart & table -
Gold -
- Gold is up today, getting some bids of risk aversion and bouncing from support area. Today's range - $1165-$1147
- Sell gold with target around $1100 and stop around $1200.
- Gold is currently trading at $1164/troy ounce. Immediate support lies at $1150 and resistance at $1224, $1236-1240 area.
Silver -
- Silver is bouncing back to test $15.4 resistance. Today's range $15.3-14.8
- Silver is likely to drop as low as $14
- Silver is currently trading at $15.25/troy ounce. Support lies at $14 & resistance at $16
Copper -
- Copper bounced back sharply as expected after reaching target area. Today's range $2.52-2.38
- Next target is around $2.24.
- Copper is currently trading at $2.5/pound, immediate support lies at $2.2 & resistance at $2.65.
|
Gold |
-0.39% |
|
Silver |
-2.68% |
|
Copper |
-4.40% |
