Oil N' Gold - Resources for Serious Traders
Pivot Points Summary
Daily Pivot Points     Normal Range     Last Bar
Commodity Chart S3 S2 S1 PP R1 R2 R3 H L C
Crude Oil Chart 101.08 102.10 102.95 103.97 104.82 105.84 106.69 104.99 103.12 103.80
Natural Gas Chart 4.423 4.473 4.503 4.553 4.583 4.633 4.663 4.603 4.523 4.533
Heating Oil Chart 2.9526 2.9656 2.9889 3.0019 3.0252 3.0382 3.0615 3.0150 2.9787 3.0121
Gasoline RBOB Chart 2.9926 3.0088 3.0255 3.0417 3.0584 3.0746 3.0913 3.0579 3.0250 3.0422
Gold Chart 1281.2 1287.3 1294.8 1300.9 1308.4 1314.5 1322.0 1307.1 1293.5 1302.2
Silver Chart 18.888 19.107 19.368 19.587 19.848 20.067 20.328 19.805 19.325 19.630
Copper Chart 2.9028 2.9422 2.9833 3.0227 3.0638 3.1032 3.1443 3.0620 2.9815 3.0245
Platinum Chart 1420.0 1426.9 1432.5 1439.4 1445.0 1451.9 1457.5 1446.4 1433.9 1438.0
      Extreme Range        

Last Updated: Apr 17 22:15 GMT, Based on Bar of Apr 16 22:15 GMT

 

Weekly Pivot Points     Normal Range     Last Bar
Commodity Chart S3 S2 S1 PP R1 R2 R3 H L C
Crude Oil Chart 96.44 98.18 100.96 102.70 105.48 107.22 110.00 104.44 99.92 103.74
Natural Gas Chart 4.193 4.311 4.466 4.584 4.739 4.857 5.012 4.703 4.430 4.620
Heating Oil Chart 2.7998 2.8362 2.8847 2.9211 2.9696 3.0060 3.0545 2.9575 2.8726 2.9332
Gasoline RBOB Chart 2.7831 2.8389 2.9266 2.9824 3.0701 3.1259 3.2136 3.0381 2.8946 3.0144
Gold Chart 1272.5 1284.1 1301.6 1313.2 1330.7 1342.3 1359.8 1324.9 1295.8 1319.0
Silver Chart 18.764 19.182 19.564 19.982 20.364 20.782 21.164 20.400 19.600 19.946
Copper Chart 2.8818 2.9292 2.9853 3.0327 3.0888 3.1362 3.1923 3.0800 2.9765 3.0415
Platinum Chart 1399.5 1413.1 1437.8 1451.4 1476.1 1489.7 1514.4 1464.9 1426.6 1462.6
      Extreme Range        

Last Updated: Apr 17 22:15 GMT, Based on Bar of Apr 11 22:15 GMT

 

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect.

  • Daily pivots are calculated from previous day's high, low, close
  • Weekly pivots are calculated from previous week's high, low, close
  • The pivot levels and charts are updated throughout the day to cater for data adjustments during the day.

Formula

  • Res3 = H + 2*(P-L)
  • Res2 = P + (Res1-Sup1)
  • Res1 = 2 * P - L
  • Pivot Point = ( H + C + L ) / 3
  • Sup1 = 2 * P - H
  • Sup2 = P - (Res1-Sup1)
  • Sup3 = L - 2*(H-P)