Commodity Technical Analysis, November 9th — November 13th, 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 7th 2009:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Long Neutral Short Short
Gold Long Overbought Long Long
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 69.89 72.50 74.16 76.77 78.43 81.04 82.70
Gold 993.93 1016.51 1055.63 1078.21 1117.33 1139.91 1179.03
Silver 15.06 15.64 16.49 17.07 17.92 18.50 19.35
Copper 6103 6238 6366 6501 6629 6764 6892

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 72.26 73.68 76.53 77.95 80.80
Gold 1020.65 1063.89 1082.35 1125.59 1144.05
Silver 15.71 16.63 17.14 18.06 18.57
Copper 6236 6364 6499 6627 6762

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 73.46 74.64 75.03 75.42 76.20 76.59 76.98 78.16
Gold 1060.81 1077.77 1083.43 1089.08 1100.40 1106.05 1111.71 1128.68
Silver 16.55 16.95 17.08 17.21 17.47 17.60 17.73 18.13
Copper 6350 6423 6447 6471 6519 6543 6567 6640

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 79.39 1100.80 17.65 6635
61.8% 77.76 1077.23 17.10 6535
50.0% 77.26 1069.95 16.94 6504
38.2% 76.75 1062.67 16.77 6472
23.6% 76.13 1053.66 16.56 6434
0.0% 75.12 1039.10 16.22 6372

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

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