Commodities snapshot (precious & industrial)

Metal pack is mixed today, silver and copper is down, while gold is up. Performance this week at a glance in chart & table -

Gold -

• Gold has broken above $1100 resistance area, further rise likely. Today's range $1091-1107
• Gold is currently trading at $1090/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
• Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

• Silver is up in line with gold. Today's range $13.9-14.23
• Silver is currently trading at $14.18/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

• Copper recovered after dropping below $2/pound. Today's range $1.99-2.1
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.04/pound, immediate support lies at, $2 & resistance at $2.35.