Commodities snapshot (precious & industrial)

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

Gold:

• Gold is marginally higher despite a stronger dollar. Likely to slide towards $1090 per troy ounce.  Today’s range $1159-1145
• Gold is currently trading at $1150/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

• Silver is a much better performer than gold this week. Today’s range $15.86-16.16
• Silver is currently trading at $16.04/troy ounce. Support lies at $16, & resistance at $17.8

Copper:

• Copper is the best performer of the day and week. Today’s range $2.5-2.55
• Active call – Sell copper targeting $2.15 per pound   
• Copper is currently trading at $2.53/pound, immediate support lies at, $2.4 & resistance at  $2.86