The metal pack is down today. Performance this week at a glance in chart & table - Gold: Gold continuing its slide due to lack of demand over risk-on sentiment. Today’s range $1252-1259 We expect the gold price to reach …
The metal pack is down today. Performance this week at a glance in chart & table -
Gold:
Gold continuing its slide due to lack of demand over risk-on sentiment. Today’s range $1252-1259
We expect the gold price to reach $1390 per troy ounce.
Gold is currently trading at $1252/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.
Silver:
Silver is the worst performer of the week. Today’s range $16.28-17.14
Silver is currently trading at $16.85/troy ounce. Support lies at $17, & resistance at $18
Copper:
Active call - Copper is likely to rise towards $3.2 per pound. Copper is testing support around $2.6 area, trying to form a base. Today’s range $2.62-2.66
Copper is currently trading at $2.63/pound, immediate support lies at, $2.4 & resistance at $2.7
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