Gold prices continues to trade higher last as dovish Fed and weak economic events raised concerns that the Fed will raise interest rate soon. Spot gold settled on $1269.50.
Crude oil prices were affected by OPEC meeting on Monday as well as the huge inventory drop by API and EIA.
Crude Oil
Indicators
Moving Averages |
RSI |
Parabolic SAR |
CCI |
| Long | Neutral | Long | Long |
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 42.34 | 43.86 | 46.77 | 48.29 | 51.20 | 52.72 | 55.63 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 45.39 | 46.44 | 47.08 | 47.61 | 48.13 | 49.82 |
Gold
Indicators
Moving Averages |
RSI |
Parabolic SAR |
CCI |
| Long | Neutral | Long | Long |
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 1224.38 | 1233.96 | 1251.47 | 1261.05 | 1278.56 | 1288.14 | 1305.65 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 1243.53 | 1249.92 | 1253.88 | 1257.08 | 1260.27 | 1270.62 |
Silver
Indicators
Moving Averages |
RSI |
Parabolic SAR |
CCI |
| Neutral | Neutral | Long | Long |
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 15.75 | 15.98 | 16.34 | 16.57 | 16.93 | 17.16 | 17.52 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 16.21 | 16.35 | 16.44 | 16.51 | 16.57 | 16.80 |
Copper
Indicators
Moving Averages |
RSI |
Parabolic SAR |
CCI |
| Long | Overbought | Long | Long |
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 255.74 | 262.90 | 274.52 | 281.68 | 293.30 | 300.46 | 312.08 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 270.05 | 274.48 | 277.22 | 279.44 | 281.66 | 288.83 |
This post was originally published by EarnForex
