Technical Analysis, August 30th — September 3rd, 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 August 28th 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 68.38 70.06 73.44 75.12 78.50 80.18 83.56
Gold 1183.63 1196.89 1217.29 1230.55 1250.95 1264.21 1284.61
Silver 16.43 17.07 18.02 18.66 19.61 20.25 21.20
Copper 6719 6874 7160 7315 7601 7756 8042

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 70.49 74.28 75.55 79.34 80.61
Gold 1198.68 1220.87 1232.34 1254.53 1266.00
Silver 17.15 18.19 18.74 19.78 20.33
Copper 6907 7225 7348 7666 7789

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 74.03 75.42 75.88 76.35 77.27 77.74 78.20 79.59
Gold 1219.19 1228.44 1231.53 1234.61 1240.79 1243.87 1246.96 1256.21
Silver 18.11 18.54 18.69 18.83 19.13 19.27 19.42 19.85
Copper 7202 7324 7364 7405 7485 7526 7566 7688

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 76.81 1243.80 19.29 7471
61.8% 74.88 1230.94 18.68 7303
50.0% 74.28 1226.97 18.50 7251
38.2% 73.68 1223.00 18.31 7198
23.6% 72.94 1218.08 18.08 7134
0.0% 71.75 1210.14 17.70 7030


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

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