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 - EconoTimes)
Metal pack is trading in green today. Performance this week at a glance in chart & table -
Gold -
- Gold is marginally up from support around $1100 area. Today's range - $1115-$1103
- Sell gold with target around $1070 area and stop around $1150 area.
- Gold is currently trading at $1111/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.
Silver -
- Silver is keeping on finding support around $14.5 area. Today's range $14.87-14.55
- Silver is currently trading at $14.7/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is best performer this week, over Gencore mine shut news leading to large amount of short covering. Today's range $2.42-2.47.
- Active call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
- Copper is currently trading at $2.46/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.45.
|
Gold |
-0.89% |
|
Silver |
+1.09% |
|
Copper |
+6.22% |
