Posts Tagged ‘technical analysis’
Technical Analysis, November 28th — December 2nd, 2011
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 November 26th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Short | Neutral | Short | Neutral |
| Gold | Short | Neutral | Short | Neutral |
| Silver | Short | Neutral | Short | Short |
| Copper | Short | Neutral | Short | Short |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 101.24 | 103.45 | 105.04 | 107.25 | 108.84 | 111.05 | 112.64 |
| Gold | 1595.97 | 1631.53 | 1656.27 | 1691.83 | 1716.57 | 1752.13 | 1776.87 |
| Silver | 27.66 | 29.16 | 30.05 | 31.55 | 32.44 | 33.94 | 34.83 |
| Copper | 310.83 | 318.07 | 322.43 | 329.67 | 334.03 | 341.27 | 345.63 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 103.30 | 104.74 | 107.10 | 108.54 | 110.90 |
| Gold | 1628.83 | 1650.85 | 1689.13 | 1711.15 | 1749.43 |
| Silver | 29.01 | 29.76 | 31.40 | 32.15 | 33.79 |
| Copper | 317.35 | 321.00 | 328.95 | 332.60 | 340.55 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 104.55 | 105.60 | 105.94 | 106.29 | 106.99 | 107.34 | 107.69 | 108.73 |
| Gold | 1647.84 | 1664.42 | 1669.95 | 1675.47 | 1686.53 | 1692.06 | 1697.58 | 1714.17 |
| Silver | 29.64 | 30.29 | 30.51 | 30.73 | 31.17 | 31.39 | 31.61 | 32.26 |
| Copper | 320.42 | 323.61 | 324.67 | 325.74 | 327.86 | 328.93 | 329.99 | 333.18 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 109.45 | 1727.40 | 33.04 | 336.90 |
| 61.8% | 108.00 | 1704.37 | 32.13 | 332.47 |
| 50.0% | 107.55 | 1697.25 | 31.85 | 331.10 |
| 38.2% | 107.10 | 1690.13 | 31.56 | 329.73 |
| 23.6% | 106.55 | 1681.33 | 31.21 | 328.04 |
| 0.0% | 105.65 | 1667.10 | 30.65 | 325.30 |
Technical Analysis, November 21st — November 25th, 2011
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 November 19th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Short |
| Gold | Long | Neutral | Short | Short |
| Silver | Short | Neutral | Short | Short |
| Copper | Short | Neutral | Short | Neutral |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 96.88 | 101.93 | 104.74 | 109.79 | 112.60 | 117.65 | 120.46 |
| Gold | 1605.63 | 1658.37 | 1692.13 | 1744.87 | 1778.63 | 1831.37 | 1865.13 |
| Silver | 26.59 | 28.76 | 30.59 | 32.75 | 34.58 | 36.75 | 38.58 |
| Copper | 319.75 | 327.90 | 334.05 | 342.20 | 348.35 | 356.50 | 362.65 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 101.37 | 103.63 | 109.23 | 111.49 | 117.09 |
| Gold | 1653.63 | 1682.65 | 1740.13 | 1769.15 | 1826.63 |
| Silver | 28.67 | 30.42 | 32.67 | 34.41 | 36.66 |
| Copper | 327.40 | 333.05 | 341.70 | 347.35 | 356.00 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 103.24 | 105.40 | 106.12 | 106.84 | 108.28 | 109.00 | 109.72 | 111.88 |
| Gold | 1678.33 | 1702.11 | 1710.04 | 1717.97 | 1733.83 | 1741.76 | 1749.69 | 1773.48 |
| Silver | 30.22 | 31.32 | 31.68 | 32.05 | 32.78 | 33.15 | 33.51 | 34.61 |
| Copper | 332.34 | 336.27 | 337.58 | 338.89 | 341.51 | 342.82 | 344.13 | 348.07 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 114.83 | 1797.60 | 34.92 | 350.35 |
| 61.8% | 111.83 | 1764.56 | 33.39 | 344.89 |
| 50.0% | 110.90 | 1754.35 | 32.92 | 343.20 |
| 38.2% | 109.97 | 1744.14 | 32.45 | 341.51 |
| 23.6% | 108.82 | 1731.51 | 31.87 | 339.42 |
| 0.0% | 106.97 | 1711.10 | 30.93 | 336.05 |
Technical Analysis, November 14th — November 18th, 2011
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 November 12th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Long | Neutral |
| Gold | Long | Neutral | Short | Long |
| Silver | Long | Neutral | Short | Neutral |
| Copper | Short | Neutral | Short | Neutral |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 106.24 | 108.75 | 111.45 | 113.96 | 116.66 | 119.17 | 121.87 |
| Gold | 1681.87 | 1709.23 | 1749.67 | 1777.03 | 1817.47 | 1844.83 | 1885.27 |
| Silver | 31.20 | 32.17 | 33.42 | 34.39 | 35.64 | 36.61 | 37.86 |
| Copper | 312.05 | 323.50 | 334.85 | 346.30 | 357.65 | 369.10 | 380.45 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 108.80 | 111.55 | 114.01 | 116.76 | 119.22 |
| Gold | 1712.50 | 1756.20 | 1780.30 | 1824.00 | 1848.10 |
| Silver | 32.24 | 33.57 | 34.46 | 35.79 | 36.68 |
| Copper | 323.48 | 334.80 | 346.28 | 357.60 | 369.08 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 111.28 | 112.72 | 113.19 | 113.67 | 114.63 | 115.11 | 115.58 | 117.02 |
| Gold | 1752.81 | 1771.46 | 1777.67 | 1783.89 | 1796.32 | 1802.53 | 1808.75 | 1827.39 |
| Silver | 33.46 | 34.07 | 34.27 | 34.48 | 34.88 | 35.09 | 35.29 | 35.90 |
| Copper | 333.66 | 339.93 | 342.02 | 344.11 | 348.29 | 350.38 | 352.47 | 358.74 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 116.47 | 1804.40 | 35.35 | 357.75 |
| 61.8% | 114.48 | 1778.50 | 34.50 | 349.04 |
| 50.0% | 113.87 | 1770.50 | 34.24 | 346.35 |
| 38.2% | 113.25 | 1762.50 | 33.98 | 343.66 |
| 23.6% | 112.49 | 1752.60 | 33.65 | 340.33 |
| 0.0% | 111.26 | 1736.60 | 33.13 | 334.95 |
Video: View on Gold In Light of Technical Analysis and Greek Situation
Investor Paul continues his series of videos about gold. This time the Greek Prime Minister George Papandreou has got in the focus as he is about to resign in favor of the interim government. From the technical analysis point of view, gold has broken through the upper border of the channel and looks to be ready for a rally.
Technical Analysis, November 7th — November 11th, 2011
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 November 5th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Long |
| Gold | Long | Neutral | Long | Neutral |
| Silver | Short | Neutral | Long | Neutral |
| Copper | Long | Neutral | Long | Neutral |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 101.90 | 104.00 | 108.15 | 110.25 | 114.40 | 116.50 | 120.65 |
| Gold | 1614.80 | 1648.50 | 1701.90 | 1735.60 | 1789.00 | 1822.70 | 1876.10 |
| Silver | 29.01 | 30.56 | 32.35 | 33.90 | 35.70 | 37.25 | 39.04 |
| Copper | 323.48 | 335.17 | 345.73 | 357.42 | 367.98 | 379.67 | 390.23 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 104.51 | 109.18 | 110.76 | 115.43 | 117.01 |
| Gold | 1653.43 | 1711.75 | 1740.53 | 1798.85 | 1827.63 |
| Silver | 30.62 | 32.47 | 33.96 | 35.82 | 37.31 |
| Copper | 334.89 | 345.18 | 357.14 | 367.43 | 379.39 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 108.86 | 110.58 | 111.15 | 111.73 | 112.87 | 113.45 | 114.02 | 115.74 |
| Gold | 1707.40 | 1731.35 | 1739.33 | 1747.32 | 1763.28 | 1771.27 | 1779.25 | 1803.21 |
| Silver | 32.31 | 33.23 | 33.53 | 33.84 | 34.45 | 34.76 | 35.06 | 35.98 |
| Copper | 344.06 | 350.18 | 352.22 | 354.26 | 358.34 | 360.38 | 362.42 | 368.54 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 112.35 | 1769.30 | 35.45 | 369.10 |
| 61.8% | 109.96 | 1736.03 | 34.17 | 360.60 |
| 50.0% | 109.23 | 1725.75 | 33.78 | 357.98 |
| 38.2% | 108.49 | 1715.47 | 33.38 | 355.35 |
| 23.6% | 107.58 | 1702.76 | 32.89 | 352.10 |
| 0.0% | 106.10 | 1682.20 | 32.11 | 346.85 |
Technical Analysis, October 31st — November 4th, 2011
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 October 29th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Neutral |
| Gold | Short | Neutral | Long | Long |
| Silver | Short | Neutral | Long | Long |
| Copper | Short | Neutral | Long | Long |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 104.20 | 106.48 | 108.21 | 110.49 | 112.22 | 114.50 | 116.23 |
| Gold | 1514.83 | 1564.77 | 1654.13 | 1704.07 | 1793.43 | 1843.37 | 1932.73 |
| Silver | 28.07 | 29.65 | 32.51 | 34.09 | 36.95 | 38.53 | 41.39 |
| Copper | 289.03 | 305.47 | 338.33 | 354.77 | 387.63 | 404.07 | 436.93 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 106.34 | 107.93 | 110.35 | 111.94 | 114.36 |
| Gold | 1574.63 | 1673.85 | 1713.93 | 1813.15 | 1853.23 |
| Silver | 29.97 | 33.15 | 34.41 | 37.59 | 38.85 |
| Copper | 309.58 | 346.55 | 358.88 | 395.85 | 408.18 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 107.72 | 108.83 | 109.19 | 109.56 | 110.30 | 110.67 | 111.03 | 112.14 |
| Gold | 1666.89 | 1705.19 | 1717.96 | 1730.73 | 1756.27 | 1769.04 | 1781.81 | 1820.12 |
| Silver | 32.93 | 34.15 | 34.56 | 34.96 | 35.78 | 36.18 | 36.59 | 37.81 |
| Copper | 344.09 | 357.64 | 362.16 | 366.68 | 375.72 | 380.24 | 384.76 | 398.32 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 112.78 | 1754.00 | 35.67 | 371.20 |
| 61.8% | 111.25 | 1700.79 | 33.97 | 352.37 |
| 50.0% | 110.78 | 1684.35 | 33.45 | 346.55 |
| 38.2% | 110.30 | 1667.91 | 32.93 | 340.73 |
| 23.6% | 109.72 | 1647.57 | 32.28 | 333.53 |
| 0.0% | 108.77 | 1614.70 | 31.23 | 321.90 |
Video: Is Gold About to Enter a Rally?
This video presents a technical analysis of the daily Gold chart, showing that the precious metal has broken through the upward trendline and is about to enter a strong rally. Whether it will really come true is left for traders and investors to decide. The author of the video has predicted a recent downfall in gold quite accurately.
Technical Analysis, October 24th — October 28th, 2011
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 October 22nd, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Neutral |
| Gold | Short | Neutral | Long | Short |
| Silver | Short | Neutral | Long | Neutral |
| Copper | Short | Neutral | Short | Neutral |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 100.31 | 103.82 | 106.83 | 110.34 | 113.35 | 116.86 | 119.87 |
| Gold | 1505.10 | 1556.90 | 1585.80 | 1637.60 | 1666.50 | 1718.30 | 1747.20 |
| Silver | 27.26 | 28.60 | 30.00 | 31.34 | 32.74 | 34.08 | 35.48 |
| Copper | 261.07 | 282.63 | 302.27 | 323.83 | 343.47 | 365.03 | 384.67 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 103.70 | 106.59 | 110.22 | 113.11 | 116.74 |
| Gold | 1551.18 | 1574.35 | 1631.88 | 1655.05 | 1712.58 |
| Silver | 28.61 | 30.03 | 31.35 | 32.77 | 34.09 |
| Copper | 282.15 | 301.30 | 323.35 | 342.50 | 364.55 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 106.26 | 108.06 | 108.65 | 109.25 | 110.45 | 111.05 | 111.64 | 113.44 |
| Gold | 1570.32 | 1592.51 | 1599.91 | 1607.30 | 1622.10 | 1629.50 | 1636.89 | 1659.09 |
| Silver | 29.89 | 30.65 | 30.90 | 31.15 | 31.65 | 31.90 | 32.15 | 32.91 |
| Copper | 299.24 | 310.57 | 314.35 | 318.12 | 325.68 | 329.45 | 333.23 | 344.56 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 113.84 | 1689.40 | 32.68 | 345.40 |
| 61.8% | 111.35 | 1658.57 | 31.63 | 329.66 |
| 50.0% | 110.58 | 1649.05 | 31.31 | 324.80 |
| 38.2% | 109.81 | 1639.53 | 30.98 | 319.94 |
| 23.6% | 108.86 | 1627.75 | 30.58 | 313.92 |
| 0.0% | 107.32 | 1608.70 | 29.94 | 304.20 |
Oil in Downward Channel, Bearishness is Expected
The oil price entered the downward channel, promising a bearish tendency for the commodity. For those traders, who wish to follow the bearish trend, the green line shows a potential target where traders may start taking profit. In case the prices close above the channel a breakout is likely occur. In such case the red line would point at a potential
If you have any questions or comments regarding this chart pattern for oil, please feel free to reply below.
Technical Analysis, October 17th — October 21st, 2011
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 October 15th, 2011:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Neutral | Neutral | Long | Long |
| Gold | Short | Neutral | Long | Neutral |
| Silver | Short | Neutral | Long | Neutral |
| Copper | Short | Neutral | Long | Long |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 99.47 | 102.56 | 108.62 | 111.71 | 117.77 | 120.86 | 126.92 |
| Gold | 1604.73 | 1625.17 | 1649.83 | 1670.27 | 1694.93 | 1715.37 | 1740.03 |
| Silver | 29.43 | 30.35 | 31.27 | 32.18 | 33.10 | 34.02 | 34.94 |
| Copper | 311.27 | 317.38 | 329.62 | 335.73 | 347.97 | 354.08 | 366.32 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 103.30 | 110.11 | 112.45 | 119.26 | 121.60 |
| Gold | 1626.23 | 1651.95 | 1671.33 | 1697.05 | 1716.43 |
| Silver | 30.35 | 31.27 | 32.18 | 33.10 | 34.02 |
| Copper | 318.91 | 332.68 | 337.26 | 351.03 | 355.61 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 109.65 | 112.16 | 113.00 | 113.84 | 115.52 | 116.36 | 117.20 | 119.71 |
| Gold | 1649.70 | 1662.10 | 1666.23 | 1670.37 | 1678.63 | 1682.77 | 1686.90 | 1699.31 |
| Silver | 31.18 | 31.68 | 31.85 | 32.02 | 32.35 | 32.52 | 32.69 | 33.19 |
| Copper | 331.76 | 336.80 | 338.49 | 340.17 | 343.53 | 345.21 | 346.90 | 351.94 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 114.80 | 1690.70 | 33.10 | 341.85 |
| 61.8% | 111.30 | 1673.47 | 32.39 | 334.84 |
| 50.0% | 110.23 | 1668.15 | 32.18 | 332.68 |
| 38.2% | 109.15 | 1662.83 | 31.96 | 330.51 |
| 23.6% | 107.81 | 1656.24 | 31.69 | 327.83 |
| 0.0% | 105.65 | 1645.60 | 31.26 | 323.50 |
