Metal pack is trading in green today. Performance this week at a glance in chart & table -
Gold -
- Gold is sharply up from support around $1100 area, focus on FOMC. Today's range - $1103-$1124
- Sell gold with target around $1070 area and stop around $1125 area.
- Gold is currently trading at $1123/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.
Silver -
- Silver sharply jumped back along with gold. Today's range $14.34-14.93
- Silver is currently trading at $14.92/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is trading in green but yet to break above key resistance around $2.5. Today's range $2.46-2.41.
- 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 $2.45/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.5.
|
Gold |
+1.45% |
|
Silver |
+2.26% |
|
Copper |
-0.24% |


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