Gold closed the previous week lowe despite rising concerns over the North Korean first ballistic missile launch and the political uncertainty in the US. Gold futures finished the week at $1282.30, down $9.50 or -0.74%. WTI crude oil prices remained steady after the OPEC meeting on Thursday, WTI crude oil settled at $58.36, down $0.59 or -1.00%.
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 December 3rd, 2017:
Crude Oil
Indicators
| Moving Averages | RSI | Parabolic SAR | CCI |
| Long | Neutral | Long | Neutral |
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 54.97 | 55.85 | 57.08 | 57.96 | 59.19 | 60.07 | 61.30 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 56.74 | 57.24 | 57.55 | 57.80 | 58.04 | 58.85 |
Gold
Indicators
| Moving Averages | RSI | Parabolic SAR | CCI |
| Long | Neutral | Short | Neutral |
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1238.52 | 1254.33 | 1267.37 | 1283.18 | 1296.22 | 1312.03 | 1325.07 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1270.14 | 1276.95 | 1281.16 | 1284.57 | 1287.97 | 1298.99 |
Silver
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 |
| 15.05 | 15.63 | 16.03 | 16.61 | 17.01 | 17.59 | 17.99 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 16.20 | 16.43 | 16.57 | 16.69 | 16.81 | 17.18 |
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 |
| 285.93 | 293.61 | 299.76 | 307.44 | 313.59 | 321.27 | 327.42 |
Fibonacci retracement levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 301.30 | 304.56 | 306.58 | 308.22 | 309.85 | 315.13 |
This post was originally published by EarnForex
This article was originally posted on FX Empire
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