Commodities Report

Crude Oil
05-Nov-16:00 -> 22-Nov-08:00
Target Level: 52.7800
SL: (A) 52.7800 Last TP of Falling Wedge
RL: (B) 55.7900 Last TP of Falling Wedge
Target Period: 2 days
Interval 4 hour
Pattern Falling Wedge
Length 38 Candles
Identified 21-Nov-20:00
Falling Wedge identified at 21-Nov-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 52.7800 within the next 2 days.
Supported by RSI above 60
Coffee
15-Oct-03:00 -> 21-Nov-16:00
Target Level: 111.2000
SL: (A) 111.2000 Last TP of Descending Triangle
RL: (B) 116.9000 Last TP of Descending Triangle
Target Period: 3 days
Interval 4 hour
Pattern Descending Triangle
Length 45 Candles
Identified 21-Nov-12:00
Descending Triangle identified at 21-Nov-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 111.2000 within the next 3 days.
Supported by Downward sloping Moving Average
Wheat
30-Oct-23:00 -> 21-Nov-16:00
Target Level: 496.0000
SL: (A) 496.0000 Last TP of Channel Down
RL: (B) 512.0000 Last TP of Channel Down
Target Period: 2 days
Interval 4 hour
Pattern Channel Down
Length 40 Candles
Identified 21-Nov-12:00
Channel Down identified at 21-Nov-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 496.0000 within the next 2 days.
Soybean Meal
02-Nov-11:00 -> 21-Nov-16:00
Target Level: 303.9000
SL: (A) 303.9000 Last TP of Descending Triangle
RL: (B) 311.9000 Last TP of Descending Triangle
Target Period: 2 days
Interval 4 hour
Pattern Descending Triangle
Length 28 Candles
Identified 21-Nov-08:00
Descending Triangle identified at 21-Nov-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 303.9000 within the next 2 days.
Orange Juice
05-Nov-11:15 -> 21-Nov-13:45
Target Level: 141.4500
SL: (A) 140.0000 Last TP of Rising Wedge
RL: (B) 141.4500 Last TP of Rising Wedge
Target Period: 19 hours
Interval 15 Minutes
Pattern Rising Wedge
Length 239 Candles
Identified 21-Nov-13:45
Rising Wedge identified at 21-Nov-13:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 141.4500 within the next 19 hours.
Supported by Upward sloping Moving Average
Copper
23-Oct-07:00 -> 22-Nov-08:00
Target Level: 2.6640
SL: (A) 2.6640 Last TP of Channel Up
RL: (B) 2.8460 Last TP of Channel Up
Target Period: 3 days
Interval 4 hour
Pattern Channel Up
Length 84 Candles
Identified 20-Nov-16:00
Channel Up identified at 20-Nov-16:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 2.6640 within the next 3 days.
Gold
29-Oct-19:00 -> 22-Nov-08:00
Target Level: 1233.4000
SL: (A) 1219.3000 Last TP of Ascending Triangle
RL: (B) 1233.4000 Last TP of Ascending Triangle
Target Period: 3 days
Interval 4 hour
Pattern Ascending Triangle
Length 61 Candles
Identified 21-Nov-04:00
Ascending Triangle identified at 21-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1233.4000 within the next 3 days.
Supported by Upward sloping Moving Average
Silver
20-Nov-03:30 -> 22-Nov-06:00
Target Level: 14.5390
SL: (A) 14.4500 Last TP of Triangle
RL: (B) 14.5390 Last TP of Triangle
Target Period: 9 hours
Interval 30 Minutes
Pattern Triangle
Length 59 Candles
Identified 22-Nov-05:30
Triangle identified at 22-Nov-05:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 14.5390 within the next 9 hours.
Supported by RSI below 40
Platinum
29-Oct-23:00 -> 22-Nov-08:00
Target Level: 858.1000
SL: (A) 840.8000 Last TP of Triangle
RL: (B) 858.1000 Last TP of Triangle
Target Period: 3 days
Interval 4 hour
Pattern Triangle
Length 60 Candles
Identified 21-Nov-04:00
Triangle identified at 21-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 858.1000 within the next 3 days.
Natural Gas 13-Sep-23:00 -> 22-Nov-00:00
Interval Daily
Pattern Big Movement
Length 19 Candles
Identified 20-Nov-00:00
Natural Gas experienced a 41.04% bullish movement in the last 22 days.

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