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Commodities Technical Analysis, May 8th – May 12th

By
Andriy Moraru
Updated: May 7, 2017, 12:25 GMT+00:00

The technical analysis, that includes the indicators’ data and major pivot points for Oil, Gold, Silver and Copper as traded on spot market as of May 7th

Commodities Technical Analysis, May 8th – May 12th

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 May 7th, 2017:

Crude Oil

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Short Neutral Short Short

Floor pivot points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

38.09 40.92 43.62 46.45 49.15 51.98 54.68

Fibonacci retracement levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

43.74 45.05 45.85 46.51 47.16 49.27

Gold

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Short Neutral Short Short

Floor pivot points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1170.97 1198.31 1213.76 1241.10 1256.55 1283.89 1299.34

Fibonacci retracement levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

1225.64 1235.74 1241.99 1247.04 1252.08 1268.43

Silver

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Short Oversold Short Short

Floor pivot points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

14.95 15.57 15.96 16.58 16.97 17.59 17.98

Fibonacci retracement levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

16.18 16.42 16.57 16.69 16.80 17.19

Copper

Indicators

Moving Averages

RSI

Parabolic SAR

CCI

Short Neutral Short Neutral

Floor pivot points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

223.18 235.11 243.41 255.34 263.64 275.57 283.87

Fibonacci retracement levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

247.05 251.82 254.78 257.17 259.55 267.28

This post was originally published by EarnForex

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Andriy Morarucontributor

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