Technical Analysis, January 25th — January 29th, 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 January 23rd 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 66.92 69.93 71.66 74.67 76.40 79.41 81.14
Gold 1006.52 1044.31 1065.62 1103.41 1124.72 1162.51 1183.82
Silver 14.26 15.55 16.24 17.53 18.22 19.51 20.20
Copper 6701 6948 7114 7361 7527 7774 7940

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 69.61 71.02 74.35 75.76 79.09
Gold 1040.19 1057.38 1099.29 1116.48 1158.39
Silver 15.40 15.93 17.38 17.91 19.36
Copper 6928 7074 7341 7487 7754

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 70.78 72.09 72.52 72.96 73.82 74.26 74.69 76.00
Gold 1054.43 1070.68 1076.10 1081.51 1092.35 1097.77 1103.18 1119.44
Silver 15.83 16.38 16.56 16.74 17.10 17.28 17.46 18.01
Copper 7053 7166 7204 7242 7318 7356 7394 7507

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 77.68 1141.20 18.83 7608
61.8% 75.87 1118.62 18.07 7450
50.0% 75.31 1111.65 17.84 7402
38.2% 74.75 1104.68 17.61 7353
23.6% 74.06 1096.05 17.32 7292
0.0% 72.94 1082.10 16.85 7195


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

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