Commodities snapshot (precious & industrial)

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

Gold -

• Gold recovered after sharp initial drop. Today's range - $1135-$1124
• Gold is currently trading at $1131/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

• Silver is much better performer than gold today, dropping sharply but finding support around $14.5 area. Today's range $14.73-14.48
• Silver is currently trading at $14.68/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper is finding bids around $2.2 area. Today's range $2.27-2.22.
• Longer term Call - Sell Copper targeting $1.85/pound
• Copper is currently trading at $2.25/pound, immediate support lies at, $2.2 & resistance at $2.5.