MCX Commodity Market Updates for Monday

GOLD RETREATS FROM UPWARD RALLY ON PROFIT BOOKING.
CRUDE OIL FALLS ON WEAK JOB DATA HINTING RECESSION.
COPPER DROPS ON STAGNANT EMPLOYMENT DATA.
DOMESTIC OIL AND OILSEED TRADE LOW.

MCX SILVER (Dec)
TREND: Consolidate
R2: 67800
R1: 66960
S1: 64400
S2: 63500
STRATEGY: Buy on dips

MCX COPPER (NOV)
TREND: Consolidate
R2: 431
R1: 425
S1: 415
S2: 410
STRATEGY: Sell on higher levels

MCX CRUDE OIL (SEP)
TREND: Consolidate
R2: 4080
R1: 4030
S1: 3925
S2: 3880
STRATEGY: Buy on dips

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