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Commodities Technical Analysis, June 19th – June 23th, 2017

By
Andriy Moraru
Published: Jun 18, 2017, 11:26 GMT+00:00

In the week ahead, investors will be focus on Federal Reserve speakers to conclude the central bank next steps. In addition, traders will keep an eye on

Commodities Technical Analysis

In the week ahead, investors will be focus on Federal Reserve speakers to conclude the central bank next steps. In addition, traders will keep an eye on Brexit talks and the political uncertainty that weigh on financial markets.

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of June 18th, 2017:

Crude Oil

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Short

Neutral

Short

Short

Crude Oil Daily Chart – MA

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

41.23 42.73 43.71 45.21 46.19 47.69 48.67
Crude Oil Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

44.23 44.82 45.18 45.47 45.76 46.71
Crude Oil Daily Chart – Fibonacci

Gold

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Long Neutral Short Short
Gold Daily Chart – MA

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1214.07 1232.65 1243.24 1261.82 1272.41 1290.99 1301.58
Gold Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

1251.22 1258.10 1262.36 1265.81 1269.25 1280.39
Gold Daily Chart – Fibonacci

Silver

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Neutral Neutral Short Short
Silver Daily Chart – MA

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

15.66 16.14 16.40 16.88 17.14 17.62 17.88
Silver Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

16.61 16.78 16.89 16.98 17.07 17.35
Silver Daily Chart – Fibonacci

Copper

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Long Neutral Short Neutral
Copper Daily Chart – MA

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

239.96 246.17 250.97 257.18 261.98 268.19 272.99
Copper Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

252.37 254.97 256.58 257.88 259.17 263.38
Copper Daily Chart – Fibonacci

This post was originally published by EarnForex

About the Author

Andriy Morarucontributor

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