Commodities snapshot (precious & industrial)

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

Gold –

• Gold trying to gain back ground after yesterday’s loss on stronger Dollar but still in red. Today’s range $1289-1275
• Gold is currently trading at $1297/troy ounce. Immediate support lies at $1240 and resistance at $1350 area.

Silver –

• Silver is down in line with gold but a bit extra. Today’s range $17.5 -17.16
• Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
• Silver is currently trading at $17.35 /troy ounce. Support lies at $16.5 & resistance at $17.8, 18.4

Copper –

• Copper is worst performer today. Today’s range $2.18-2.22
• Copper is currently trading at $2.19/pound, immediate support lies at, $2.14 & resistance at  $2.3