Technical Analysis, July 19th — July 23th, 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 17th 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 69.13 71.40 73.22 75.49 77.31 79.58 81.40
Gold 1146.17 1165.92 1178.14 1197.89 1210.11 1229.86 1242.08
Silver 16.75 17.24 17.53 18.02 18.31 18.80 19.09
Copper 6118 6297 6398 6577 6678 6857 6958

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 71.29 73.00 75.38 77.09 79.47
Gold 1164.04 1174.37 1196.01 1206.34 1227.98
Silver 17.19 17.44 17.97 18.22 18.75
Copper 6278 6358 6558 6638 6838

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 72.79 73.92 74.29 74.67 75.41 75.79 76.16 77.29
Gold 1172.77 1181.56 1184.49 1187.42 1193.28 1196.21 1199.14 1207.93
Silver 17.40 17.62 17.69 17.76 17.90 17.97 18.04 18.26
Copper 6344 6421 6447 6472 6524 6549 6575 6652

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 77.76 1217.65 18.50 6757
61.8% 76.20 1205.44 18.20 6650
50.0% 75.72 1201.67 18.11 6617
38.2% 75.23 1197.89 18.02 6584
23.6% 74.64 1193.22 17.90 6543
0.0% 73.67 1185.68 17.72 6477


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

Leave a Reply

Trade Gold with 1:100 Leverage! Don't show me this offer ×