Commodities snapshot (precious & industrial)

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

Gold -

• Gold is marginally up today, after heavy selling for past few days. Today's range - $1120-$1110
• Gold is currently trading at $1115/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

• Silver is marginally better performer than gold today, finding support around $14.5 area. Today's range $14.7-14.48
• Silver is currently trading at $14.6/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper is down today as Glencore's shut down of mines might lead to supply shock in future Today's range $2.3-2.37.
• Longer term Call - Sell Copper targeting $1.85/pound
• Copper is currently trading at $2.3/pound, immediate support lies at, $2.2 & resistance at $2.5.