Technical Analysis, August 2nd — August 6th, 2010

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 July 31st 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 71.89 73.35 75.34 76.80 78.79 80.25 82.24
Gold 1120.16 1138.30 1158.09 1176.23 1196.02 1214.16 1233.95
Silver 16.53 16.93 17.46 17.86 18.39 18.79 19.32
Copper 6755 6871 7079 7195 7403 7519 7727

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 73.48 75.62 76.93 79.07 80.38
Gold 1138.71 1158.91 1176.64 1196.84 1214.57
Silver 16.96 17.54 17.89 18.47 18.82
Copper 6894 7126 7218 7450 7542

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 75.44 76.39 76.71 77.02 77.66 77.97 78.29 79.24
Gold 1157.01 1167.44 1170.92 1174.39 1181.35 1184.82 1188.30 1198.73
Silver 17.49 17.74 17.83 17.91 18.09 18.17 18.26 18.51
Copper 7110 7199 7229 7258 7318 7347 7377 7466

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 78.25 1194.38 18.25 7310
61.8% 76.93 1179.89 17.89 7186
50.0% 76.53 1175.42 17.79 7148
38.2% 76.12 1170.94 17.68 7110
23.6% 75.61 1165.40 17.54 7062
0.0% 74.80 1156.45 17.32 6986


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

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