Commodities Pivot Points and Forex Technical Analysis 26/11/2014

Nov 26 2014, 05:58 GMT

Shady Bahouth

Daily technical analysis for Gold, Crude Oil and Silver, main support and resistance levels and intra-day trading strategies based on same day Pivot Points.

Gold – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1196.95$ with targets at 1207.80$ next 1218.45$ in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 1196.95$ with targets at 1186.25$ next 1175.45$ in extension.

Gold – Daily Chart Support and Resistance levels

Resistance: 1208.00, 1220.00, 1235.50, 1255.60
Support:  1173.00, 1130.00, 1120.00, 1100.00, 1080.00

Crude Oil – Day Trading Strategies

Bearish scenario: Short positions below the daily pivot point 74.80$ with targets at 73.00$ next  71.90$ in extension.

Alternatively, Bullish scenario: Long positions above the daily pivot point 74.80$ with targets at 75.90$ next 77.65$ in extension.

Crude Oil – Daily Chart Support and Resistance levels

Resistance: 78.00, 80.00, 82.00, 82.90, 84.00, 87.00
Support: 73.20, 72.20, 71.00, 70.00

Silver – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 16.55 with targets at 16.70 next 16.95 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 16.55 with targets at 16.45 next 16.30 in extension.

Silver – Daily Chart Support and Resistance levels

Resistance:  16.55, 17.40, 17.70
Support: 15.85, 15.00, 14.80,  14.00

Commodities Pivot Points:

Pivot points are very useful tools for commodities professional traders that use the previous bars’ highs, lows and closings to project potential support and resistance levels for future bars.

Related Articles

182 COMMENTS

  1. Mplus (https://www.mplus.ae/) UAE’s trusted residence and also building upkeep provider delivering reliable and also responsive solution with satisfaction to make your living and also functioning areas safe and also comfortable.Team of extremely professional personnel and also specialists gives clients the confidence that all solutions supplied are of the best quality, whether obtaining an yearly package or a single solution.

  2. An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  3. An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  4. This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want?HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!

  5. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I?d prefer to use some with the content on my blog whether you don?t mind. Natually I?ll give you a link on your web blog. Thanks for sharing.

  6. Moi san pham can duoc su dung anh sang tot de tai hien duoc hinh khoi von co cua no, dieu nay la dac biet quan trong khi chung ta su dung no trong catalogue hay cac an pham quan trong. Mot nhiep anh gia gioi se biet cach dieu tiet va xu ly anh sang de tao nen chieu sau va hinh khoi cho san pham.

  7. Hi there! This blog post couldn’t be written much better! Reading through this article reminds me of my previous roommate! He constantly kept preaching about this. I most certainly will send this article to him. Pretty sure he’s going to have a very good read. Thanks for sharing!

  8. I blog often and I seriously appreciate your content. The article has truly peaked my interest. I’m going to book mark your website and keep checking for new details about once a week. I opted in for your Feed too.

  9. Nhu cau ve su dung hang hoa vao dip cuoi nam hien dang khong ngung tang vi the ma cac cong ty van chuyen cung tro nen nhon nhip va gap gap hon Neu ban dang ban khoan khong biet nen chon don vi nao thi Viexpress don vi tien phong trong chuyen phat hang tet se la su lua chon hoan hao cho ban

  10. I blog often and I seriously thank you for your information. The article has really peaked my interest. I am going to book mark your website and keep checking for new information about once a week. I opted in for your Feed too.

  11. Voi quy trinh van hanh duoc xay dung va kiem soat nghiem ngat su ho tro tich cuc cua he thong cong nghe thong tin 68Express cung cap cho quy khach hang nhung dich vu chuyen phat nhanh chat luong tot nhat dam bao an toan tranh mat mat hu hong cho hang hoa cua ban ke ca cac loai hang hoa dac biet co gia tri cao nhu cac buu pham quan trong dien thoai di dong dong ho gom su

  12. After I originally left a comment I appear to have clicked on the -Notify me when new comments are added- checkbox and from now on every time a comment is added I receive 4 emails with the same comment. There has to be an easy method you can remove me from that service? Cheers!

  13. Howdy, I do believe your website could be having web browser compatibility problems. Whenever I look at your website in Safari, it looks fine but when opening in IE, it has some overlapping issues. I just wanted to provide you with a quick heads up! Other than that, fantastic site!

  14. 68express cung cap dich vu chuyen phat nhanh gom cac loai hang hoa da dang nhu hang kho hang gom do dung trong gia dinh hang ca nhan va cac loai hang khac duoc yeu cau phuc vu thong thuong Voi mang luoi van chuyen rong khap bao gom duong hang khong va duong bo cua 68express ban se tan huong dich vu van chuyen hang thong thuong tin cay va kinh te

  15. I truly love your website.. Pleasant colors & theme. Did you develop this site yourself? Please reply back as I’m trying to create my own personal website and want to find out where you got this from or what the theme is named. Thank you!

  16. I absolutely love your website.. Great colors & theme. Did you build this website yourself? Please reply back as I’m attempting to create my own personal website and would love to learn where you got this from or what the theme is called. Appreciate it!

  17. Bao bi ben trong hoac tem nhan la thu giu cho san pham cua ban nam gon trong bao bi ben ngoai mot cach an toan. Day co the la goi dau phong hoac giay lua de ngan thu gi do bi chen lan hoac xo xat. Hoac no co the la mot tui kin co tac dung bao quan do tuoi.

  18. Oh my goodness! Amazing article dude! Thank you so much, However I am experiencing troubles with your RSS. I don’t understand why I can’t subscribe to it. Is there anybody else getting identical RSS issues? Anybody who knows the answer will you kindly respond? Thanx!!

  19. Tat ca nhung thong tin chi tiet nay giup chung ta hieu san pham kem theo dung de lam gi, su dung nhu the nao, ai nen su dung va quan trong nhat la chung ta co nen mua san pham hay khong. Nhung quan trong nhat la sau khi dung ta van nho den hinh dang bao bi quen thuoc.

  20. 827832 523355for but an additional fantastic informative post, Im a loyal reader to this weblog and I cant stress enough how a lot valuable info Ive learned from reading your content material. I actually appreciate all of the hard work you put into this excellent weblog. 474257

  21. Having read this I thought it was rather informative. I appreciate you taking the time and energy to put this article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!

  22. I absolutely love your site.. Great colors & theme. Did you develop this amazing site yourself? Please reply back as I’m trying to create my own website and would love to learn where you got this from or what the theme is called. Appreciate it!

  23. Howdy, I think your web site could possibly be having browser compatibility problems. Whenever I look at your blog in Safari, it looks fine however, when opening in IE, it has some overlapping issues. I merely wanted to give you a quick heads up! Besides that, fantastic website!

  24. You’re so awesome! I do not suppose I’ve truly read a single thing like this before. So nice to find somebody with some original thoughts on this subject. Seriously.. many thanks for starting this up. This site is something that is needed on the web, someone with some originality!

  25. Next time I read a blog, I hope that it won’t fail me just as much as this particular one. After all, I know it was my choice to read, but I truly believed you would have something helpful to say. All I hear is a bunch of whining about something you could fix if you weren’t too busy looking for attention.

  26. Hello there! This article could not be written much better! Going through this post reminds me of my previous roommate! He continually kept talking about this. I’ll forward this information to him. Pretty sure he’s going to have a great read. I appreciate you for sharing!

  27. When I originally commented I appear to have clicked on the -Notify me when new comments are added- checkbox and now every time a comment is added I receive 4 emails with the exact same comment. Perhaps there is an easy method you can remove me from that service? Appreciate it!

  28. I blog frequently and I seriously appreciate your information. The article has truly peaked my interest. I’m going to book mark your blog and keep checking for new information about once per week. I opted in for your RSS feed too.

  29. After looking over a few of the blog articles on your blog, I seriously like your technique of writing a blog. I added it to my bookmark webpage list and will be checking back in the near future. Take a look at my website too and let me know what you think.

  30. Howdy! I could have sworn I’ve visited this site before but after going through some of the posts I realized it’s new to me. Nonetheless, I’m certainly delighted I discovered it and I’ll be bookmarking it and checking back frequently!

  31. Good day! I could have sworn Iíve been to this site before but after looking at a few of the posts I realized itís new to me. Regardless, Iím definitely delighted I came across it and Iíll be bookmarking it and checking back regularly!

  32. I blog frequently and I truly appreciate your content. The article has really peaked my interest. I will bookmark your site and keep checking for new details about once a week. I subscribed to your RSS feed as well.

  33. Hi, I do believe this is a great web site. I stumbledupon it 😉 I am going to return yet again since I book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to help other people.

  34. I’m more than happy to uncover this great site. I need to to thank you for ones time for this particularly wonderful read!! I definitely enjoyed every little bit of it and i also have you bookmarked to look at new stuff on your blog.

  35. Hi, I do think this is an excellent website. I stumbledupon it 😉 I am going to return yet again since i have bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.

  36. Hello, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam feedback? If so how do you prevent it, any plugin or anything you can advise? I get so much lately it’s driving me mad so any support is very much appreciated.

  37. An outstanding share! I have just forwarded this onto a friend who was conducting a little research on this. And he in fact ordered me breakfast due to the fact that I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending the time to discuss this issue here on your website.

  38. A fascinating discussion is definitely worth comment. There’s no doubt that that you should write more about this issue, it may not be a taboo matter but generally people don’t talk about such issues. To the next! Cheers!!

  39. I would like to thank you for the efforts you’ve put in penning this website. I am hoping to see the same high-grade content by you in the future as well. In fact, your creative writing abilities has encouraged me to get my own, personal site now 😉

  40. After exploring a few of the blog articles on your website, I really appreciate your technique of blogging. I book marked it to my bookmark webpage list and will be checking back in the near future. Please check out my website too and tell me what you think.

  41. After I originally left a comment I seem to have clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I recieve four emails with the exact same comment. There has to be an easy method you can remove me from that service? Appreciate it!

  42. Howdy! I could have sworn I’ve been to this web site before but after going through a few of the articles I realized it’s new to me. Anyways, I’m certainly happy I discovered it and I’ll be bookmarking it and checking back frequently!

  43. An interesting discussion is definitely worth comment. I believe that you need to write more on this issue, it might not be a taboo matter but typically folks don’t discuss such issues. To the next! Cheers!!

  44. Are you looking for Escorts in Mumbai? Once you hire a Mumbai escorts, particularly from Nearmeescorts.in, then you won’t feel neglected or bored. All you need to know is that Mumbai escorts are the perfect entertainers and companions, and it doesn’t matter where you are. In addition, our escort girls always ensure that they offer the highest quality services. You can also receive some massage from these Mumbai Escorts Services girls when you request for it.

    https://www.nearmeescorts.in

  45. I absolutely love your blog.. Pleasant colors & theme. Did you build this site yourself? Please reply back as Iím trying to create my own site and would love to know where you got this from or what the theme is named. Thanks!

  46. I blog often and I truly appreciate your content. The article has really peaked my interest. I’m going to book mark your site and keep checking for new information about once per week. I subscribed to your Feed as well.

  47. Howdy! I just would like to offer you a big thumbs up for your excellent info you have right here on this post. I am returning to your web site for more soon.

  48. Oh my goodness! Amazing article dude! Thank you so much, However I am experiencing difficulties with your RSS. I donít know the reason why I am unable to join it. Is there anyone else having similar RSS issues? Anyone who knows the answer can you kindly respond? Thanx!!

  49. Some us know all relating to the compelling medium you present powerful steps on this blog and therefore strongly encourage contribution from other ones on this subject while our own child is truly discovering a great deal. Have fun with the remaining portion of the year.

  50. I blog often and I really appreciate your content. This great article has really peaked my interest. I am going to book mark your blog and keep checking for new details about once per week. I subscribed to your Feed as well.

  51. When I initially commented I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I get four emails with the exact same comment. Perhaps there is an easy method you are able to remove me from that service? Thanks a lot!

  52. Wow! This could be one particular of the most helpful blogs We’ve ever arrive across on this subject. Basically Magnificent. I am also an expert in this topic so I can understand your effort.

  53. After checking out a handful of the articles on your web site, I really appreciate your way of blogging. I book marked it to my bookmark site list and will be checking back in the near future. Please check out my website too and let me know what you think.

  54. This is the perfect webpage for everyone who wants to find out about this topic. You realize a whole lot its almost tough to argue with you (not that I personally will need toÖHaHa). You certainly put a fresh spin on a subject that’s been discussed for a long time. Great stuff, just wonderful!

  55. Nice post. I learn something new and challenging on websites I stumbleupon on a daily basis. It will always be useful to read articles from other writers and use a little something from other web sites.

  56. An outstanding share! I have just forwarded this onto a coworker who was doing a little homework on this. And he actually ordered me dinner because I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending the time to discuss this issue here on your web site.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

22,878FansLike
3,336FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles