• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 22 Mar 2018 06:21:43   Eastern Standard Time

    The metal pack is down 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 due to lack of risk aversion weighs.  However, it is up this week. Today’s range $1327-1335
    • Gold is currently trading at $1328/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.


    • Silver is up in line with the gold. Today’s range $16.48-16.63
    • Silver is currently trading at $16.52/troy ounce. Support lies at $16 & resistance at $17.5


    • Copper is the worst performer this week. Today’s range $3.10-3.06
    • Copper is currently trading at $3.07/pound, immediate support lies at, $2.91 & resistance at  $3.21













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