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Metal pack is trading green in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold is marginally up. Focus is on FOMC tomorrow. Today's range - $1160-$1169.
- Gold might reach as high as $1225. However in the immediate term a test of $1125 support line is possible.
- Gold is currently trading at $1166/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is finding resistance around $16 area. Silver might move higher first around $16.4 and later $17.7 area. Today's range $15.95-15.75
- Silver is currently trading at $15.92/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper is up over short covering. Today's range $2.34-2.38.
- In short term Copper might target $2.69/pound.
- Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
- Copper is currently trading at $2.37/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+0.17% |
|
Silver |
+0.82% |
|
Copper |
+0.94% |
