• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 08 Mar 2018 08:47:52   Eastern Standard Time

    The metal pack is mixed today. The performance this week at a glance in chart & table -


    • Gold is struggling to gain as it failed to break key resistance around $1350 area and as strong dollar weighs. Today’s range $1329-1323
    • Gold is currently trading at $1325/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.


    • Silver is up in line with the gold. Today’s range $16.63-16.86
    • Silver is currently trading at $16.49/troy ounce. Support lies at $16 & resistance at $17.5


    • Copper is the worst performer of the week. Today’s range $3.14-3.08
    • Copper is currently trading at $3.10/pound, immediate support lies at, $2.91 & resistance at  $3.21













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