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Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
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 - EconoTimes)
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Metal pack is trading in green today. Performance this week at a glance in chart & table -
Gold -
- Gold is up today, as investors brace yellow metal's protection against volatility. Today's range - $1121-$1134
- Gold is currently trading at $1131/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is up but finding resistance around $15 area. Today's range $14.93-14.71
- Silver is currently trading at $14.77/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is marginally up from support area of $2.29/pound. Today's range $2.32-2.29.
- Active short term call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
- Longer term Call - Sell Copper targeting $1.75/pound
- Copper is currently trading at $2.31/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.5.
|
Gold |
-0.70% |
|
Silver |
-1.78% |
|
Copper |
-2.86% |
