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 47.53 47.95 48.78 49.20 50.03 50.45 51.28 49.63 48.38 49.60
Natural Gas Chart 3.072 3.116 3.164 3.208 3.256 3.300 3.348 3.253 3.161 3.211
Heating Oil Chart 1.5021 1.5115 1.5294 1.5388 1.5567 1.5661 1.5840 1.5482 1.5209 1.5473
Gasoline RBOB Chart 1.5994 1.6148 1.6446 1.6600 1.6898 1.7052 1.7350 1.6753 1.6301 1.6745
Gold Chart 1244.2 1247.1 1251.7 1254.6 1259.2 1262.1 1266.7 1257.5 1250.0 1256.3
Silver Chart 17.898 17.977 18.118 18.197 18.338 18.417 18.558 18.275 18.055 18.260
Copper Chart 2.6273 2.6422 2.6573 2.6722 2.6873 2.7022 2.7173 2.6870 2.6570 2.6725
Platinum Chart 944.2 947.9 952.9 956.6 961.6 965.3 970.3 960.2 951.5 958.0
      Extreme Range        

Last Updated: Mar 30 07:35 GMT, Based on Bar of Mar 29 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 44.36 45.68 46.83 48.15 49.30 50.62 51.77 49.48 47.01 47.97
Natural Gas Chart 2.814 2.896 3.025 3.107 3.236 3.318 3.447 3.190 2.979 3.153
Heating Oil Chart 1.4101 1.4429 1.4703 1.5031 1.5305 1.5633 1.5907 1.5360 1.4758 1.4976
Gasoline RBOB Chart 1.5205 1.5495 1.5771 1.6061 1.6337 1.6627 1.6903 1.6350 1.5784 1.6048
Gold Chart 1205.6 1216.1 1232.3 1242.8 1259.0 1269.5 1285.7 1253.3 1226.6 1248.5
Silver Chart 16.999 17.169 17.459 17.629 17.919 18.089 18.379 17.800 17.340 17.748
Copper Chart 2.4665 2.5270 2.5790 2.6395 2.6915 2.7520 2.8040 2.7000 2.5875 2.6310
Platinum Chart 937.8 947.4 957.7 967.3 977.6 987.2 997.5 977.0 957.1 967.9
      Extreme Range        

Last Updated: Mar 30 07:35 GMT, Based on Bar of Mar 24 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)