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 45.67 46.05 46.71 47.09 47.75 48.13 48.79 47.46 46.42 47.38
Natural Gas Chart 2.654 2.701 2.768 2.815 2.882 2.929 2.996 2.863 2.749 2.834
Heating Oil Chart 1.4517 1.4641 1.4868 1.4992 1.5219 1.5343 1.5570 1.5117 1.4766 1.5094
Gasoline RBOB Chart 1.4398 1.4564 1.4833 1.4999 1.5268 1.5434 1.5703 1.5165 1.4730 1.5102
Gold Chart 1311.5 1316.2 1320.7 1325.4 1329.9 1334.6 1339.1 1330.2 1321.0 1325.1
Silver Chart 18.243 18.342 18.423 18.522 18.603 18.702 18.783 18.620 18.440 18.505
Copper Chart 2.0545 2.0645 2.0710 2.0810 2.0875 2.0975 2.1040 2.0910 2.0745 2.0775
Platinum Chart 1059.4 1067.4 1072.5 1080.5 1085.6 1093.6 1098.7 1088.4 1075.3 1077.7
      Extreme Range        

Last Updated: Aug 26 18:05 GMT, Based on Bar of Aug 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 42.12 43.61 46.37 47.86 50.62 52.11 54.87 49.36 45.11 49.12
Natural Gas Chart 2.422 2.492 2.531 2.601 2.640 2.710 2.749 2.670 2.561 2.571
Heating Oil Chart 1.3172 1.3635 1.4397 1.4860 1.5622 1.6085 1.6847 1.5324 1.4099 1.5158
Gasoline RBOB Chart 1.2408 1.2974 1.4025 1.4591 1.5642 1.6208 1.7259 1.5158 1.3541 1.5075
Gold Chart 1312.3 1326.4 1336.1 1350.2 1359.9 1374.0 1383.7 1364.3 1340.5 1345.8
Silver Chart 18.077 18.648 18.977 19.548 19.877 20.448 20.777 20.120 19.220 19.305
Copper Chart 2.0973 2.1152 2.1428 2.1607 2.1883 2.2062 2.2338 2.1785 2.1330 2.1705
Platinum Chart 1063.2 1084.8 1101.4 1123.0 1139.6 1161.2 1177.8 1144.5 1106.3 1118.1
      Extreme Range        

Last Updated: Aug 26 18:05 GMT, Based on Bar of Aug 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)