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Metal pack is trading in red today. Performance this week at a glance in chart & table -
Gold -
- Gold finding support at $1100 area, however still finding sellers at rallies. Today's range - $1110-$1103
- Sell gold with target around $1070 area and stop around $1125 area.
- Gold is currently trading at $1103/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.
Silver -
- Silver bulls have given up $14.5 area last week and silver under fresh selling today. Today's range $14.66-14.33
- Silver is currently trading at $14.4/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is worst performer today as bulls failed to clear above $2.5 area. Today's range $2.46-2.40.
- Active call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
- Copper is currently trading at $2.41/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.45.
|
Gold |
-1.57% |
|
Silver |
-2.45% |
|
Copper |
+1.41% |
