The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold is consolidating on profit bookings. Down today despite weaker jobs report. Today’s range $1316-1329
- In the short-term price is likely to move higher towards $1360 area.
- Gold is currently trading at $1318/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.
Silver:
- Silver is likely to accelerate its current bull trend. Broken key resistance. Today’s range $17.42-17.76
- Silver is currently trading at $17.54/troy ounce. Support lies at $17.1 & resistance at $18.2
Copper:
- Copper heading higher as supplies remain tight. Likely to move towards $3.2 per pound. Today’s range $3.12-3.09
- Copper is currently trading at $3.10/pound, immediate support lies at, $2.89 & resistance at $3.12
|
Gold |
+2.09% |
|
Silver |
+2.99% |
|
Copper |
+2.34% |
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