FxWirePro: Daily Commodity Tracker - 21st March, 2022 
 - EconoTimes)
Metal pack is down today. Performance this week at a glance in chart & table -
Gold:
- Gold is marginally down today as selling pressure remains. Today’s range $1262-1272
- We expect gold to reach $1520
- Gold is currently trading at $1269/troy ounce. Immediate support lies at $1250 and resistance at $1330 area.
Silver:
- Silver is relatively better performer than the gold this week. Today’s range $17.62-17.88
- Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8. Target extended to $26
- Silver is currently trading at $17.7/troy ounce. Support lies at $16, & resistance at $20
Copper:
- Copper remains the best performer of the week. Today’s range $2.12-2.15
- Active call – Sell copper @2.06 and at rallies with targets around $1.75, $1.6/pound with stop loss around $2.4/pound
- Copper is currently trading at $2.14/pound, immediate support lies at, $2.03 & resistance at $2.3
|
Gold |
+0.24% |
|
Silver |
+1.03% |
|
Copper |
+2.54% |
