The metal pack is mixed today. The performance this week at a glance in the chart & table -
Gold:
- Gold is struggling as the USD strengthens. Currently, testing resistance around $1300 area. Today’s range $1277-1285
- Gold is currently trading at $1280/troy ounce. Immediate support lies at $1260, and resistance at $1335 area.
Silver:
- Silver is moving higher along with gold as USD weakens. But struggling amid higher USD. Today’s range $15.16-15.36
- Silver is currently trading at $15.26/troy ounce. Support lies at $15.1 & resistance at $16
Copper:
- Copper is recovering after reaching our target around $2.55 area. Sharply down this week as China data disappoints. Today’s range $2.68-2.65
- Copper is currently trading at $2.66/pound, immediate support lies at, $2.55 & resistance at $2.81
Gold |
-0.00% |
Silver |
-0.20% |
Copper |
-1.77% |