Metal pack is mixed today. Performance this week at a glance in chart & table –
Gold ?
- Gold is best performer today, riding on risk aversion as equities slide. Today?s range $1289-1302
- Gold is currently trading at $1297/troy ounce. Immediate support lies at $1240 and resistance at $1350 area.
Silver ?
- Silver is trying to gain back some of yesterday?s loss. Today?s range $17.78 -17.38
- Active call ? Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
- Silver is currently trading at $17.6 /troy ounce. Support lies at $16.5 & resistance at $17.8, 18.4
Copper ?
- Copper is down as China tries to curb speculative activity. Today?s range $2.27-2.22
- Copper is currently trading at $2.24/pound, immediate support lies at, $2.14 & resistance at ?$2.3
|
Gold |
+0.39% |
|
Silver |
-1.29% |
|
Copper |
?-1.75% |
The material has been provided by InstaForex Company – www.instaforex.com