Gold climbed to its highest level in nearly two weeks on Monday after a raft of unsettling news on indebted euro zone nations such as Greece and Italy dented investor confidence. Crude oil futures slipped more than $3 on Monday due to the peripheral euro zone's debt crisis, which pushed the dollar to a two-month high versus the euro and knocked broader equity markets lower. LME copper fell back below the 200-day moving average around $8,820.
SILVER MCX (JULY)
R2: 56400
R1: 54800
S1: 52650
S2: 51250
Trend: Consolidate
Strategy: Buy on dips
COPPER MCX (JUNE)
R2: 415
R1: 406
S1: 395
S2: 384
Trend: Consolidate
Strategy: Buy on dipsCRUDE OIL MCX (JUNE)
R2: 4560
R1: 4490
S1: 4350
S2: 4270
Trend: Consolidate
Strategy: Buy on dips
