Commodities snapshot (precious & industrial)

Metal pack is trading in red today. Performance this week at a glance in chart & table -

Gold -

• Gold dropped sharply failing to gain over equity sell offs. Today's range - $1148-$1127
• Gold is currently trading at $1133/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

• Silver is much worse performer than gold today, dropping sharply after $15 support broke. Today's range $15.15-14.48
• Silver is currently trading at $14.57/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper fell further after clearing $2.3 mark. Today's range $2.30-2.23.
• Longer term Call - Sell Copper targeting $1.75/pound
• Copper is currently trading at $2.25/pound, immediate support lies at, $2.2 & resistance at $2.5.