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 49.22 49.68 50.20 50.66 51.18 51.64 52.16 51.11 50.13 50.73
Natural Gas Chart 2.986 3.031 3.057 3.102 3.128 3.173 3.199 3.148 3.077 3.082
Heating Oil Chart 1.7463 1.7598 1.7832 1.7967 1.8201 1.8336 1.8570 1.8101 1.7732 1.8067
Gasoline RBOB Chart 1.6097 1.6258 1.6366 1.6527 1.6635 1.6796 1.6904 1.6688 1.6419 1.6474
Gold Chart 1275.8 1287.6 1296.1 1307.9 1316.4 1328.2 1336.7 1319.8 1299.5 1304.5
Silver Chart 16.567 16.788 17.002 17.223 17.437 17.658 17.872 17.445 17.010 17.215
Copper Chart 2.9042 2.9288 2.9437 2.9683 2.9832 3.0078 3.0227 2.9930 2.9535 2.9585
Platinum Chart 910.1 922.9 934.3 947.1 958.5 971.3 982.7 960.0 935.8 945.6
      Extreme Range        

Last Updated: Sep 21 11:30 GMT, Based on Bar of Sep 20 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 44.81 46.18 48.31 49.68 51.81 53.18 55.31 51.05 47.55 50.44
Natural Gas Chart 2.706 2.803 2.913 3.010 3.120 3.217 3.327 3.106 2.899 3.024
Heating Oil Chart 1.6682 1.6955 1.7471 1.7744 1.8260 1.8533 1.9049 1.8016 1.7227 1.7988
Gasoline RBOB Chart 1.5433 1.5720 1.6168 1.6455 1.6903 1.7190 1.7638 1.6741 1.6006 1.6617
Gold Chart 1289.8 1304.7 1314.9 1329.8 1340.0 1354.9 1365.1 1344.6 1319.5 1325.2
Silver Chart 17.017 17.324 17.512 17.819 18.007 18.314 18.502 18.125 17.630 17.701
Copper Chart 2.7403 2.8357 2.8923 2.9877 3.0443 3.1397 3.1963 3.0830 2.9310 2.9490
Platinum Chart 914.3 940.5 956.1 982.3 997.9 1024.1 1039.7 1008.4 966.6 971.8
      Extreme Range        

Last Updated: Sep 21 11:30 GMT, Based on Bar of Sep 15 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)