Commodities snapshot (precious & industrial)

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

Gold -

• Gold is up in the face of risk aversion. Today's range $1076-1097
• Gold is currently trading at $1094/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver is down in line with gold. Today's range $13.76-14.16
• Silver is currently trading at $14.1/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper is up today as selloff over China abated. Today's range $1.94-1.99
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $1.95/pound, immediate support lies at, $1.85 & resistance at $2.1.