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Metal pack is trading in green today. Performance this week at a glance in chart & table -
Gold -
- Gold is sharply up today, as investors brace yellow metal's protection against volatility and uncertainty. Today's range - $1129-$1157
- Gold is currently trading at $1155/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is up but not as much compared to gold's move suggesting move into safe haven. Today's range $15.20-14.77
- Silver is currently trading at $15.14/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is worst performer today, hovering around $2.3/pound. Today's range $2.32-2.27.
- 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 |
+1.40% |
|
Silver |
-0.07% |
|
Copper |
-2.86% |
