Commodities snapshot (precious & industrial)

Metal pack is mixed today, precious is down, industrial is up. Performance this week at a glance in chart & table -

Gold -

• Gold is down today, heading into FOMC, a drop towards $1046 is possible. Today's range $1069-1058
• Gold is currently trading at $1063/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.

Silver -

• Silver failed to gain momentum over yesterday's selloffs. Today's range $13.8-13.64
• Silver is currently trading at $13.75/troy ounce. Support lies at $13 & resistance at $14.2, $15.5.

Copper -

• Copper countering selloffs at rallies. Today's range $2.07-2.12
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.08/pound, immediate support lies at, $2 & resistance at $2.35.