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Metals are heavily down today. Performance this week at a glance in chart & table -
Gold -
- Gold dropped to new yearly low as dollar gained ground. Today's range - $1146-$1131
- Gold is likely to drop towards $1100.
- Gold is currently trading at $1133/troy ounce. Immediate support lies at $1125 and resistance at $1154, $1173, $1190 area.
Silver -
- Silver dropped but way better performer than gold. Today's range $15.05-14.85
- Silver is likely to drop as low as $14
- Silver is currently trading at $14.90/troy ounce. Support lies at $14 & resistance at $16
Copper -
- Copper broke below interim support around $2.5. Today's range $2.54-2.47
- Next target is around $2.24.
- Copper is currently trading at $2.49/pound, immediate support lies at, $2.2 & resistance at $2.65.
|
Gold |
-2.58% |
|
Silver |
-4.12% |
|
Copper |
-1.93% |
