Technical Analysis, December 28th, 2009 — January 1st, 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 December 26th 2009:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Short Neutral Long Long
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 69.03 70.51 73.18 74.66 77.33 78.81 81.48
Gold 1034.21 1054.25 1079.13 1099.17 1124.05 1144.09 1168.97
Silver 16.19 16.45 16.94 17.20 17.69 17.95 18.44
Copper 6611 6728 6931 7048 7251 7368 7571

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 70.81 73.78 74.96 77.93 79.11
Gold 1055.46 1081.54 1100.38 1126.46 1145.30
Silver 16.51 17.05 17.26 17.80 18.01
Copper 6750 6974 7070 7294 7390

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 73.57 74.71 75.09 75.47 76.23 76.61 76.99 78.13
Gold 1079.29 1091.65 1095.76 1099.88 1108.12 1112.24 1116.35 1128.71
Silver 17.01 17.21 17.28 17.35 17.49 17.56 17.63 17.83
Copper 6958 7046 7075 7105 7163 7193 7222 7310

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 76.14 1119.22 17.47 7165
61.8% 74.55 1102.06 17.18 7043
50.0% 74.07 1096.76 17.10 7005
38.2% 73.58 1091.46 17.01 6967
23.6% 72.97 1084.90 16.90 6921
0.0% 71.99 1074.30 16.72 6845


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

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