Technical Analysis, January 2nd — January 6th, 2012

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 31st, 2011:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Short Neutral Long Neutral
Gold Short Neutral Short Neutral
Silver Short 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 103.34 104.92 106.34 107.92 109.34 110.92 112.34
Gold 1459.50 1491.70 1534.60 1566.80 1609.70 1641.90 1684.80
Silver 24.19 25.29 26.78 27.87 29.36 30.46 31.95
Copper 326.87 330.38 336.77 340.28 346.67 350.18 356.57

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 104.88 106.26 107.88 109.26 110.88
Gold 1494.38 1539.95 1569.48 1615.05 1644.58
Silver 25.39 26.97 27.97 29.56 30.56
Copper 331.10 338.20 341.00 348.10 350.90

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 106.11 106.94 107.21 107.49 108.04 108.31 108.59 109.41
Gold 1536.20 1556.85 1563.73 1570.62 1584.38 1591.27 1598.15 1618.81
Silver 26.84 27.55 27.79 28.03 28.50 28.74 28.98 29.69
Copper 337.71 340.43 341.34 342.24 344.06 344.97 345.87 348.60

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 109.50 1599.00 28.97 343.80
61.8% 108.35 1570.31 27.98 340.02
50.0% 108.00 1561.45 27.68 338.85
38.2% 107.65 1552.59 27.37 337.68
23.6% 107.21 1541.62 27.00 336.24
0.0% 106.50 1523.90 26.39 333.90


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

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