Commodities snapshot (precious & industrial)

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

Gold -

• Gold is in marginal correction today, might move higher in tomorrow's trading. Today's range - $134.6-$1135.6.
• Gold is currently trading at $1146/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

• Silver is treading water around $16/troy ounce. Silver might move higher first around $16.4 and later $17.7 area. Today's range $16.05-15.8
• Silver is currently trading at $16/troy ounce. Support lies at $14.4 & resistance at $16.5.

Copper -

• Copper is slowly grinding higher. Today's range $2.35-2.39.
• In short term Copper might target $2.69/pound.
• Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
• Copper is currently trading at $2.36/pound, immediate support lies at, $2.2 & resistance at $2.5.