Metal pack is trading in low volatility today. Performance this week at a glance in chart & table - Gold - Gold is marginally down after yesterday's gains from $1100 support area, focus on FOMC. Today's range - $1115-$11…
Metal pack is trading in low volatility today. Performance this week at a glance in chart & table -
Gold -
Gold is marginally down after yesterday's gains from $1100 support area, focus on FOMC. Today's range - $1115-$1123
Gold is currently trading at $1118/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.
Silver -
Silver is up, much better performer than gold. Today's range $14.79-15.03
Silver is currently trading at $14.98/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. Earthquake in Chile provided some support to the red metal. Today's range $2.47-2.43.
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.
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