Gold, silver, platinum and palladium are all up this session as the USD is slipping once again against the EUR. Palladium has made the biggest move to the upside today as it tested and breached the 200 DMA ($707.94). A close above this level should trigger some technical buying and set a bullish tone for a metal that has been trapped in a tight range for the last week. Should palladium continue its rally the next technical resistance is at the upper Bollinger Band ($720.19). The metals will likely hold at current levels as traders are keeping their eyes on the NFP’s and US unemployment numbers coming out tomorrow morning.
Metals | Last | %Change | Low | High |
Au- Apr | 1760.5 | 0.63% | 1743.3 | 1763.8 |
Pt-Apr | 1633.5 | 0.54% | 1617.5 | 1635.9 |
Pd-Mar | 706.9 | 1.47% | 692.95 | 710.00 |
Ag-Mar | 34.120 | 0.93% | 33.455 | 34.350 |
London | AM | PM | Minor | PGMs |
Au | 1747.5 | 1751 | Rh | 1475 |
Pt | 1619 | 1620 | Ru | 120 |
Pd | 694 | 698 | Ir | 1100 |
Ag | 33.67 | DJI | 12701.21 | -15.25 |
Currencies |
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|
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| USD | EUR | JPY | GBP |
USD | 0 | 1.316 | 0.013132 | 1.5803 |
EUR | 0.7599 | 0 | 0.99788 | 1.2008 |
JPY | 76.15 | 100.21 | 0 | 120.335 |
GBP | 0.6328 | 0.83275 | 0.831 | 0 |
*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES |
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