Commodities snapshot (precious & industrial)

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

Gold -

• Gold gained further as Dollar is down across board. Today's range $1140-1150
• Gold is currently trading at $1149/troy ounce. Immediate support lies at $1102, $1120 and resistance at $1165, $1180, $1195 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver gained in line with gold. Today's range $14.61-14.87
• Silver is currently trading at $14.9/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

• Copper is up again today as weak Dollar providing support to metal sector. Today's range $2.095-2.125
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.12/pound, immediate support lies at, $2.03 & resistance at $2.15