Archive for December 5th, 2009

Commodity Technical Analysis, December 7th — December 11th, 2009

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of December 5th 2009:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Long Neutral Long Neutral
Gold Long Neutral Long Neutral
Silver Long Neutral Long Neutral
Copper Long Neutral Long Neutral

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 73.41 74.94 76.67 78.20 79.93 81.46 83.19
Gold 1083.10 1123.32 1145.70 1185.92 1208.30 1248.52 1270.90
Silver 16.52 17.31 17.88 18.67 19.24 20.03 20.60
Copper 6546 6688 6886 7028 7226 7368 7566

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 74.99 76.78 78.25 80.04 81.51
Gold 1118.86 1136.77 1181.46 1199.37 1244.06
Silver 17.26 17.78 18.62 19.14 19.98
Copper 6702 6914 7042 7254 7382

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 76.62 77.51 77.81 78.11 78.71 79.01 79.31 80.20
Gold 1133.64 1150.86 1156.59 1162.33 1173.81 1179.55 1185.29 1202.50
Silver 17.71 18.09 18.21 18.34 18.58 18.71 18.83 19.21
Copper 6897 6991 7022 7053 7115 7146 7178 7271

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 79.72 1226.15 19.45 7170
61.8% 78.47 1202.24 18.93 7040
50.0% 78.09 1194.85 18.77 7000
38.2% 77.71 1187.46 18.61 6960
23.6% 77.23 1178.32 18.41 6910
0.0% 76.46 1163.55 18.09 6830

If you have any questions or comments on this technical analysis, please, feel free to reply below.

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