Commodities snapshot (precious & industrial)

The metal pack is up today. The performance this week at a glance in chart & table -

Gold:

• Gold remains under pressure amid a stronger dollar and higher rates but up this week on a weaker dollar. Today’s range $1196-1187
• Gold is currently trading at $1192/troy ounce. Immediate support lies at $1150, and resistance at $1220 area.

Silver:

• Silver is a slightly better performer than the gold. Today’s range $14.7 -14.87
• Silver is currently trading at $14.79/troy ounce. Support lies at $14.2 & resistance at $15.5

Copper:

• Copper remains under pressure as expectations remain low of U.S. China trade negotiations. Today’s range $2.66-2.71
• Copper is currently trading at $2.69/pound, immediate support lies at, $2.55 & resistance at  $2.75