Commodities snapshot (precious & industrial)

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

Gold –

• Gold is down over stronger Dollar, best performer today. Today’s range $1270-1282
• Gold is currently trading at $1272/troy ounce. Immediate support lies at $1240 and resistance at $1350 area.

Silver –

• Silver is far worse performer than gold. Today’s range $17.3 -16.9
• Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
• Silver is currently trading at $17.01 /troy ounce. Support lies at $16.5 & resistance at $17.8, 18.4

Copper –

• Copper is worst performer for the day. Today’s range $2.05-2.1
• Copper is currently trading at $2.05/pound, immediate support lies at, $2.03 & resistance at  $2.3, $2.21