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Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
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 - EconoTimes)
Metal pack is green in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold is sharply up today as payroll surprised to downside. Today's range - $1140-$1104
- Gold is currently trading at $1138/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver rose sharply from support around $14.5 area. Today's range $14.4-15.26
- Silver is currently trading at $15.2/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper hasn't moved much over weaker payroll as growth concern persists. Today's range $2.32-2.27.
- Longer term Call - Sell Copper targeting $1.85/pound
- Copper is currently trading at $2.3/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
-0.67% |
|
Silver |
+0.93% |
|
Copper |
+1.75% |
