Support & Resistance Levels of MCX Commodity Market Today

GOLD EASES BACK BELOW $1,600/OZ FROM RECORD HIGHS.
CRUDE OIL GAINS IN NEW YORK AS U.S. SUPPLIES, CHINA DEMAND COUNTER EUROPE DEBT.
COPPER GAINS ON DOLLAR, CHINA DEMAND HOPES.
DOMESTIC OIL AND OILSEED TRADE BULLISH.

MCX GOLD (AUG)
TREND: Consolidate
R2: 23450
R1: 23230
S1: 22870
S2: 22600
STRATEGY: Buy on dips

MCX NICKEL (JUL)
TREND: Consolidate
R2: 1150
R1: 1110
S1: 1021
S2: 984
STRATEGY: Buy on dips

MCX CRUDE OIL (AUG)
TREND: Consolidate
R2: 4510
R1: 4450
S1: 4350
S2: 4320
STRATEGY: Buy on dips