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 43.89 46.17 47.44 49.72 50.99 53.27 54.54 52.00 48.45 48.71
Natural Gas Chart 3.119 3.180 3.230 3.291 3.341 3.402 3.452 3.351 3.240 3.281
Heating Oil Chart 1.4386 1.4923 1.5196 1.5733 1.6006 1.6543 1.6816 1.6269 1.5459 1.5470
Gasoline RBOB Chart 1.5086 1.5530 1.5808 1.6252 1.6530 1.6974 1.7252 1.6695 1.5973 1.6087
Gold Chart 1246.8 1250.2 1252.7 1256.1 1258.6 1262.0 1264.5 1259.4 1253.5 1255.3
Silver Chart 16.958 17.042 17.093 17.177 17.228 17.312 17.363 17.260 17.125 17.145
Copper Chart 2.5232 2.5478 2.5702 2.5948 2.6172 2.6418 2.6642 2.6195 2.5725 2.5925
Platinum Chart 934.3 941.0 944.9 951.6 955.5 962.2 966.1 958.2 947.6 948.9
      Extreme Range        

Last Updated: May 26 00:55 GMT, Based on Bar of May 25 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 46.06 47.08 48.87 49.89 51.68 52.70 54.49 50.90 48.09 50.67
Natural Gas Chart 2.895 3.028 3.142 3.275 3.389 3.522 3.636 3.408 3.161 3.256
Heating Oil Chart 1.4184 1.4540 1.5184 1.5540 1.6184 1.6540 1.7184 1.5897 1.4897 1.5827
Gasoline RBOB Chart 1.4952 1.5274 1.5899 1.6221 1.6846 1.7168 1.7793 1.6544 1.5597 1.6523
Gold Chart 1193.7 1210.3 1231.9 1248.5 1270.1 1286.7 1308.3 1265.0 1226.8 1253.6
Silver Chart 15.834 16.122 16.459 16.747 17.084 17.372 17.709 17.035 16.410 16.796
Copper Chart 2.4078 2.4462 2.5138 2.5522 2.6198 2.6582 2.7258 2.5905 2.4845 2.5815
Platinum Chart 896.0 908.5 924.4 936.9 952.8 965.3 981.2 949.5 921.1 940.2
      Extreme Range        

Last Updated: May 26 00:55 GMT, Based on Bar of May 19 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)