Commodity Technical Analysis, November 16th — November 20th, 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 November 14th 2009:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 70.95 73.14 74.47 76.66 77.99 80.18 81.51
Gold 1073.19 1084.29 1100.34 1111.44 1127.49 1138.59 1154.64
Silver 16.27 16.65 17.01 17.39 17.75 18.13 18.49
Copper 6273 6370 6463 6560 6653 6750 6843

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 72.93 74.03 76.45 77.55 79.97
Gold 1085.53 1102.81 1112.68 1129.96 1139.83
Silver 16.65 17.01 17.39 17.75 18.13
Copper 6369 6460 6559 6650 6749

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 73.85 74.82 75.14 75.47 76.11 76.44 76.76 77.73
Gold 1101.45 1108.91 1111.40 1113.89 1118.87 1121.36 1123.85 1131.31
Silver 16.97 17.18 17.24 17.31 17.45 17.52 17.58 17.79
Copper 6451 6503 6520 6538 6572 6590 6607 6660

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 78.86 1122.55 17.76 6658
61.8% 77.52 1112.18 17.48 6585
50.0% 77.10 1108.98 17.39 6563
38.2% 76.68 1105.77 17.30 6541
23.6% 76.17 1101.81 17.19 6513
0.0% 75.34 1095.40 17.02 6468

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

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