Commodities snapshot (precious & industrial)

Metal pack is trading in red today. Performance this week at a glance in chart & table -

Gold -

• Gold has soured as equities recovered from their slump. Today's range - $1140-$1151
• Gold is currently trading at $1144/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.  

Silver -

• Silver is much better performer than gold today, as gold suffered more due lack of safe haven demand. Today's range $15.20-14.96
• Silver is currently trading at $15.1/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper is worst performer today, struggling to push its head above $2.3 mark. Today's range $2.32-2.28.
• 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 $2.29/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.5.