Commodities snapshot (metal)

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

Gold -

• Gold is down as risk aversion subside. Today's range $1126-1110
• Gold is currently trading at $1115/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108, $1120 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver is down more than gold. Today's range $14.55-14.04
• Silver is currently trading at $14.24/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper is relatively better performer. Today's range $2.04-2.07
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.05/pound, immediate support lies at, $1.85 & resistance at $2.1.