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Metals are positive today. Performance this week at a glance in chart & table -
Gold -
- Gold's broke above $1120 area. Today's range - $1001-$1126.
- Gold is likely to reach as high as $1150 area if support around $1180 holds.
- Gold is currently trading at $1123/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.
Silver -
- Silver has cleared above $15.5 area and likely to test $16 resistance over coming days. Today's range $15.60-15.16
- Silver is currently trading at $15.54/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper has bounced back from initial sell offs over devaluation of Yuan. Today's range $2.35-2.29.
- Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.45.
|
Gold |
+2.67% |
|
Silver |
+5.00% |
|
Copper |
+1.16% |
