Commodities snapshot (precious & industrial)

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

Gold -

• Gold is down as risk aversion subside over BOJ actions. Today's range $1118-1108
• Gold is currently trading at $1112/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1120, $1140 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver is down more than gold, worst performer this week. Today's range $14.33-14.14
• Silver is currently trading at $14.17/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper is relatively better performer. Today's range $2.045-2.065
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.06/pound, immediate support lies at, $1.85 & resistance at $2.1.