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Metal pack is mixed today, precious is down, while industrial is up.. Performance this week at a glance in chart & table -
Gold -
- Gold finding support at $1100 area, but finding sellers at rallies. Today's range - $1110-$1102
- Sell gold with target around $1070 area and stop around $1125 area.
- Gold is currently trading at $1104/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.
Silver -
- Silver is treading water below $14.5 area focus on FOMC today. Today's range $14.47-14.28
- Silver is currently trading at $14.35/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper bounced back after initial selloffs. Today's range $2.43-2.38.
- 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 $2.42/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.45.
|
Gold |
-0.27% |
|
Silver |
-1.64% |
|
Copper |
-1.47% |
