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Commodities Snapshot (precious & Industrial)

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

Gold:

  • Gold is heading for a test of resistance areas around $1300. Today’s range $1236-1243
  • Gold is currently trading at $1242/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

  • Silver is down today contrasting with gold. Today’s range $17.97-18.08
  • Silver is currently trading at $18.05/troy ounce. Support lies at $17.6, & resistance at $18.4

Copper:

  • Copper is likely to rise towards $3.2 per pound but It is the worst performer of the week so far. Today’s range $2.73-2.68
  • Copper is currently trading at $2.69/pound, immediate support lies at, $2.4 & resistance at  $2.86

Gold

 +0.73%

Silver

 +0.61%

Copper

 -3.24%

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Support and resistance levels

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
May 25 at 1:12 UTC