Commodities snapshot (precious & industrial)

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

Gold -

• Gold after marginal correction yesterday, moved higher in today's trading. Today's range - $1151-$1134.
• Gold is currently trading at $1148/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.  

Silver -

• Silver is the best performer today, gaining follow through after yesterday's rise. Silver is on the verge of breaking key resistance at $16 area. Today's range $16.10-15.56
• Silver is currently trading at $16/troy ounce. Support lies at $14.4 & resistance at $16.5.

Copper -

• Copper hasn't moved much over weaker payroll as growth concern persists. Today's range $2.32-2.37.
• Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
• Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.5.