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 54.42 54.91 55.85 56.34 57.28 57.77 58.71 56.82 55.39 56.80
Natural Gas Chart 3.008 3.033 3.083 3.108 3.158 3.183 3.233 3.134 3.059 3.132
Heating Oil Chart 1.8618 1.8810 1.9162 1.9354 1.9706 1.9898 2.0250 1.9545 1.9001 1.9515
Gasoline RBOB Chart 1.6886 1.7028 1.7240 1.7382 1.7594 1.7736 1.7948 1.7523 1.7169 1.7453
Gold Chart 1263.1 1270.6 1282.5 1290.0 1301.9 1309.4 1321.3 1297.5 1278.1 1294.4
Silver Chart 16.723 16.872 17.088 17.237 17.453 17.602 17.818 17.385 17.020 17.305
Copper Chart 3.0035 3.0175 3.0445 3.0585 3.0855 3.0995 3.1265 3.0725 3.0315 3.0715
Platinum Chart 915.1 924.4 938.8 948.1 962.5 971.8 986.2 957.5 933.8 953.1
      Extreme Range        

Last Updated: Nov 20 00:15 GMT, Based on Bar of Nov 17 22:00 GMT

 

Weekly Pivot Points     Normal Range     Last Bar
Commodity Chart S3 S2 S1 PP R1 R2 R3 H L C
Crude Oil Chart 54.16 54.77 55.79 56.40 57.42 58.03 59.05 57.02 55.39 56.80
Natural Gas Chart 2.914 2.987 3.059 3.132 3.204 3.277 3.349 3.204 3.059 3.132
Heating Oil Chart 1.8618 1.8810 1.9162 1.9354 1.9706 1.9898 2.0250 1.9545 1.9001 1.9515
Gasoline RBOB Chart 1.5816 1.6492 1.6973 1.7649 1.8130 1.8806 1.9287 1.8326 1.7169 1.7453
Gold Chart 1256.9 1265.7 1280.0 1288.8 1303.1 1311.9 1326.2 1297.5 1274.4 1294.4
Silver Chart 16.448 16.652 16.978 17.182 17.508 17.712 18.038 17.385 16.855 17.305
Copper Chart 2.9848 3.0082 3.0398 3.0632 3.0948 3.1182 3.1498 3.0865 3.0315 3.0715
Platinum Chart 903.7 915.4 934.2 945.9 964.7 976.4 995.2 957.5 927.0 953.1
      Extreme Range        

Last Updated: Nov 20 00:15 GMT, Based on Bar of Nov 17 22:00 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)