Technical Analysis, January 4th — January 8th, 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 2nd 2010:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Neutral 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 74.56 75.47 76.76 77.67 78.96 79.87 81.16
Gold 1058.50 1072.08 1086.24 1099.82 1113.98 1127.56 1141.72
Silver 15.61 16.18 16.54 17.11 17.47 18.04 18.40
Copper 7104 7167 7250 7313 7396 7459 7542

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 75.57 76.94 77.77 79.14 79.97
Gold 1072.23 1086.53 1099.97 1114.27 1127.71
Silver 16.13 16.45 17.06 17.38 17.99
Copper 7172 7260 7318 7406 7464

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 76.83 77.44 77.64 77.84 78.24 78.44 78.65 79.25
Gold 1085.14 1092.77 1095.31 1097.86 1102.94 1105.49 1108.03 1115.66
Silver 16.40 16.65 16.74 16.82 17.00 17.08 17.17 17.42
Copper 7253 7293 7306 7320 7346 7360 7373 7413

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 78.59 1113.40 17.67 7376
61.8% 77.75 1102.80 17.31 7320
50.0% 77.49 1099.53 17.21 7303
38.2% 77.23 1096.26 17.10 7286
23.6% 76.91 1092.21 16.96 7264
0.0% 76.39 1085.66 16.74 7230


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

Subscribe to our Commodities market newsletter:



Select list:

Leave a Reply


Enter your email address:

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