• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 21 Jun 2018 09:54:13   America/New_York

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

    Gold:

    • Gold is down this week as strong dollar weighs. Today’s range $1270-1261
    • Gold is currently trading at $1266/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

    Silver:

    • Silver is down in line with the gold. Today’s range $16.23-16.39
    • Silver is currently trading at $16.32/troy ounce. Support lies at $16 & resistance at $17.5

    Copper:

    • Copper selloff continues amid trade war fear. The worst performer of the week. Today’s range $3.05-3.02
    • Copper is currently trading at $3.03/pound, immediate support lies at, $3.05 & resistance at  $3.32

     

    Gold

     -1.06%

    Silver

     -1.39%

    Copper

      -3.10%

     

     

     

     

     

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