Metal pack is down today. Performance this week at a glance in chart & table -
Gold -
- Gold is facing heavy inflows, heaviest since 2010. Today's range $1263-1278
- Gold is currently trading at $1265/troy ounce. Immediate support lies at $1180 and resistance at $1280 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 $15.38-15.75
- Silver is currently trading at $15.43/troy ounce. Support lies at $14.1 & resistance at $16
Copper -
- Copper is down as investors spooked by weaker Chinese trade data Today's range $2.28-2.22
- Longer term Call - Sell Copper targeting $1.75/pound. Copper target reached at $2.25, buy at correction below $2.2 targeting $2.45 area.
- Copper is currently trading at $2.23/pound, immediate support lies at, $2.12 & resistance at $2.26
Gold |
+0.56% |
Silver |
-0.26% |
Copper |
-1.19% |