Commodity Technical Analysis, December 14th — December 18th, 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 12th 2009:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 62.48 66.76 69.28 73.56 76.08 80.36 82.88
Gold 1034.55 1071.82 1093.63 1130.90 1152.71 1189.98 1211.79
Silver 14.78 15.83 16.43 17.48 18.08 19.13 19.73
Copper 6364 6564 6714 6914 7064 7264 7414

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 66.32 68.40 73.12 75.20 79.92
Gold 1067.96 1085.91 1127.04 1144.99 1186.12
Silver 15.72 16.20 17.37 17.85 19.02
Copper 6552 6690 6902 7040 7252

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 68.06 69.93 70.55 71.18 72.42 73.05 73.67 75.54
Gold 1082.96 1099.20 1104.62 1110.03 1120.87 1126.28 1131.70 1147.94
Silver 16.11 16.57 16.72 16.87 17.17 17.32 17.47 17.93
Copper 6673 6769 6801 6833 6897 6929 6961 7058

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 77.84 1168.16 18.54 7113
61.8% 75.24 1145.59 17.91 6979
50.0% 74.44 1138.62 17.72 6938
38.2% 73.64 1131.65 17.52 6897
23.6% 72.64 1123.02 17.28 6846
0.0% 71.04 1109.08 16.89 6763

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

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