Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
How Donald Trump has changed the way diplomacy is done 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
 - EconoTimes)
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.
|
Gold |
+0.70% |
|
Silver |
+5.12% |
|
Copper |
+0.73% |
