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 45.24 46.07 46.53 47.36 47.82 48.65 49.11 48.20 46.91 46.98
Natural Gas Chart 2.664 2.699 2.749 2.784 2.834 2.869 2.919 2.820 2.735 2.798
Heating Oil Chart 1.5192 1.5515 1.5693 1.6016 1.6194 1.6517 1.6695 1.6340 1.5839 1.5870
Gasoline RBOB Chart 1.7590 1.7802 1.7907 1.8119 1.8224 1.8436 1.8541 1.8330 1.8013 1.8013
Gold Chart 1069.3 1078.5 1086.0 1095.2 1102.7 1111.9 1119.4 1104.4 1087.7 1093.5
Silver Chart 14.178 14.337 14.423 14.582 14.668 14.827 14.913 14.740 14.495 14.510
Copper Chart 2.2745 2.3060 2.3255 2.3570 2.3765 2.4080 2.4275 2.3885 2.3375 2.3450
Platinum Chart 958.4 967.2 975.1 983.9 991.8 1000.6 1008.5 992.6 975.9 983.1
      Extreme Range        

Last Updated: Jul 28 11:15 GMT, Based on Bar of Jul 27 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 42.74 45.23 46.60 49.09 50.46 52.95 54.32 51.58 47.72 47.97
Natural Gas Chart 2.538 2.655 2.716 2.833 2.894 3.011 3.072 2.951 2.773 2.776
Heating Oil Chart 1.5524 1.5899 1.6113 1.6488 1.6702 1.7077 1.7291 1.6864 1.6275 1.6326
Gasoline RBOB Chart 1.6512 1.7330 1.7812 1.8630 1.9112 1.9930 2.0412 1.9448 1.8148 1.8294
Gold Chart 1009.5 1040.9 1069.7 1101.1 1129.9 1161.3 1190.1 1132.5 1072.3 1098.5
Silver Chart 13.717 14.023 14.367 14.673 15.017 15.323 15.667 14.980 14.330 14.710
Copper Chart 2.1562 2.2533 2.3217 2.4188 2.4872 2.5843 2.6527 2.5160 2.3505 2.3900
Platinum Chart 903.7 925.0 957.1 978.4 1010.5 1031.8 1063.9 999.7 946.3 989.2
      Extreme Range        

Last Updated: Jul 28 11:15 GMT, Based on Bar of Jul 24 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)