Commodities snapshot (precious & industrial)

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

Gold -

• Gold is down over fading risk aversion. Today's range $1207-1239
• Gold is currently trading at $1209/troy ounce. Immediate support lies at $1180 and resistance at $1230 area.
• Active call - Buy gold @1200 area with stop around $1180 area and target around $1350 area.

Silver -

• Silver is down, in line with gold. Today's range $15.19-15.77
• Silver is currently trading at $15.30/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

• Copper is up, gaining over fading risk aversion. Today's range $2.09-2.03
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.06/pound, immediate support lies at, $1.95 & resistance at $2.15