Technical Analysis, August 9th — August 13th, 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 7th 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 73.82 76.06 78.38 80.62 82.94 85.18 87.50
Gold 1149.10 1161.68 1185.46 1198.04 1221.82 1234.40 1258.18
Silver 17.30 17.62 18.04 18.36 18.78 19.10 19.52
Copper 7032 7160 7269 7397 7506 7634 7743

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 76.08 78.42 80.64 82.98 85.20
Gold 1164.48 1191.07 1200.84 1227.43 1237.20
Silver 17.65 18.09 18.39 18.83 19.13
Copper 7155 7260 7392 7497 7629

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 78.19 79.45 79.86 80.28 81.12 81.54 81.95 83.21
Gold 1189.25 1199.25 1202.58 1205.92 1212.58 1215.92 1219.25 1229.25
Silver 18.05 18.26 18.32 18.39 18.53 18.60 18.66 18.87
Copper 7248 7313 7335 7356 7400 7421 7443 7508

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 82.86 1210.61 18.68 7525
61.8% 81.12 1196.72 18.40 7434
50.0% 80.58 1192.43 18.31 7407
38.2% 80.04 1188.14 18.22 7379
23.6% 79.38 1182.83 18.11 7344
0.0% 78.30 1174.25 17.94 7288


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

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