Metal pack is mixed today. Performance this week at a glance in chart & table -
Gold –
- Gold is heading to test support around $1180/troy ounce. Today’s range $1233-1252
- Gold is currently trading at $1235/troy ounce. Immediate support lies at $1240 and resistance at $1350 area.
Silver –
- Silver is much better performer than gold today. Today’s range $16.2 -16.45
- Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
- Silver is currently trading at $16.36 /troy ounce. Support lies at $16 & resistance at $17.2, $17.8, 18.4
Copper –
- Copper is flat for the day. Today’s range $2.04-2.08
- Active call – Sell copper @2.06 and at rallies with targets around $1.75, $1.6/pound with stop loss around $2.3/pound
- Copper is currently trading at $2.08/pound, immediate support lies at, $2.03 & resistance at $2.3, $2.21
Gold |
-1.29% |
Silver |
-0.73% |
Copper |
+1.66% |