Daily Commodity Financial Spread Betting Market Analysis: Technical Review on Oil, Natural Gas, Gold
|
|
 |
|
|
|
Daily Commodities Technical Analysis report discussing Support and Resistance Levels and Indicators such as Stochastics and the RSI for major commodities markets such as Crude Oil, Gold, Silver, Natural Gas and Coffee.
Supplied and sponsored by PipTrade.
Today’s Technical Analysis:
|
Commodities Analysis - 29 November 2011
 Gold Technical Analysis
Gold closed higher on Monday as it consolidated some of this month's decline but remains below the 20-day moving average crossing. The high-range close sets the stage for a steady-to-higher opening on Tuesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term. If it extends this month's decline, the reaction low crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.
 Silver Technical Analysis
Silver closed higher on Monday as it extended the trading range of the past five days. The high-range close set the stage for a steady-to-higher opening on Tuesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term. If it extends this month's decline, the reaction low crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.
 Crude Oil Technical Analysis
Crude Oil closed higher on Monday as it consolidated some of the decline off this month's high. The low-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI remain bearish signalling that sideways-to-lower prices are possible near-term. If it renews the rally off this month's low, the 75% retracement level of the May-October decline crossing is the next upside target.
 Natural Gas Technical Analysis
Natural Gas closed lower on Monday and the low-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI have turned bullish signalling that sideways-to-higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews this year's decline, monthly support crossing is the next downside target.
 Coffee Technical Analysis
Coffee closed lower on Monday and the low-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI are bearish signalling that sideways-to-lower prices are possible. If it renews the decline off October's high, October's low crossing is the next downside target. If it renews this month's rally, October's high crossing is the next upside target.
Further Commodities Market Commentary and Data
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
The contents of this report are for information purposes only.
It is not intended as a recommendation to trade.
Neither CleanFinancial.com nor PipTrade accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
PipTrade >>
"With PipTrade you get all the normal
advantages of Spread Trading plus..." >> read
PipTrade review.
|
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
Article approved/supplied by PipTrade which is a trading name Henyep Capital Markets (UK) Limited which is authorised and regulated by the Financial Services Authority. Register No: 186171.
'Daily Commodity Financial Spread Betting Market Analysis: Technical Review on Oil, Natural Gas, Gold' edited by PipTrade, updated 29-Nov-11
Related Articles:
Commodities Analysis, updated 16-May-12
The daily Commodities Analysis report with Technical Analysis covering both Support and Resistance Levels as well as Stochastics and RSI Indicators for key commodities markets including Gold, Silver, Crude Oil, Coffee and...read article: Commodities Analysis.
Commodities Market Analysis, updated 15-May-12
Daily Commodities Technical Analysis report discussing Support and Resistance Levels and Indicators such as Stochastics and the RSI for major commodities markets such as Crude Oil, Gold, Silver, Coffee and...read article: Commodities Market Analysis.
Commodities Financial Spread Betting Analysis Looking at Gold, Crude Oil, Silver, updated 04-May-12
Crude Oil Technical Market Analysis - Commodities Financial Spread Betting Analysis Looking at Gold, Crude Oil, Silver and...read article: Commodities Financial Spread Betting Analysis Looking at Gold, Crude Oil, Silver.
Commodity Trading Market Analysis: Technical Review on Crude Oil, Coffee, Silver, updated 03-May-12
Oil Trading Analysis - Commodity Trading Market Analysis: Technical Review on Crude Oil, Coffee, Silver and...read article: Commodity Trading Market Analysis: Technical Review on Crude Oil, Coffee, Silver.
Daily Commodities Spread Betting Market Analysis: Technical Review on Oil, Silver, Gold, updated 02-May-12
Daily Natural Gas Trading Analysis - Daily Commodities Spread Betting Market Analysis: Technical Review on Oil, Silver, Gold and...read article: Daily Commodities Spread Betting Market Analysis: Technical Review on Oil, Silver, Gold.
Commodity Financial Spread Betting Analysis Looking at Crude Oil, Silver, Gold, updated 30-Apr-12
Gold Technical Analysis - Commodity Financial Spread Betting Analysis Looking at Crude Oil, Silver, Gold and...read article: Commodity Financial Spread Betting Analysis Looking at Crude Oil, Silver, Gold.
Daily Commodity Market Analysis Looking at Gold, Crude Oil, Natural Gas, updated 27-Apr-12
Daily Oil Technical Market Analysis - Daily Commodity Market Analysis Looking at Gold, Crude Oil, Natural Gas and...read article: Daily Commodity Market Analysis Looking at Gold, Crude Oil, Natural Gas.
First Page << 1 2 3 4 5 6 7 8 9 10 11 12 >> Last Page
Commodities Analysis Index - an Index of Daily Commodities Analysis articles covering Trends, Supports and Resistance Levels for some of the major commodities markets including Crude Oil, Natural Gas, Gold, Silver and Coffee.
|
|
Q) Average Trading Results?
A) Get free spread trading tips, offers, price updates, important news and more!
|
|
