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 78.32 79.18 80.64 81.50 82.96 83.82 85.28 82.37 80.05 82.09
Natural Gas Chart 3.487 3.539 3.580 3.632 3.673 3.725 3.766 3.683 3.590 3.622
Heating Oil Chart 2.4116 2.4323 2.4657 2.4864 2.5198 2.5405 2.5739 2.5072 2.4531 2.4990
Gasoline RBOB Chart 2.0784 2.1070 2.1569 2.1855 2.2354 2.2640 2.3139 2.2140 2.1355 2.2069
Gold Chart 1203.4 1214.8 1222.0 1233.4 1240.6 1252.0 1259.2 1244.9 1226.3 1229.1
Silver Chart 16.830 16.933 17.045 17.148 17.260 17.363 17.475 17.250 17.035 17.158
Copper Chart 2.9763 2.9927 3.0163 3.0327 3.0563 3.0727 3.0963 3.0490 3.0090 3.0400
Platinum Chart 1220.3 1233.5 1244.2 1257.4 1268.1 1281.3 1292.0 1270.5 1246.6 1255.0
      Extreme Range        

Last Updated: Oct 24 12:10 GMT, Based on Bar of Oct 23 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 72.93 75.98 79.02 82.07 85.11 88.16 91.20 85.12 79.03 82.06
Natural Gas Chart 3.429 3.572 3.669 3.812 3.909 4.052 4.149 3.955 3.715 3.766
Heating Oil Chart 2.2843 2.3525 2.4251 2.4933 2.5659 2.6341 2.7067 2.5616 2.4208 2.4976
Gasoline RBOB Chart 2.0220 2.0784 2.1556 2.2120 2.2892 2.3456 2.4228 2.2685 2.1349 2.2327
Gold Chart 1195.6 1208.8 1223.9 1237.1 1252.2 1265.4 1280.5 1250.3 1222.0 1239.0
Silver Chart 16.161 16.590 16.961 17.390 17.761 18.190 18.561 17.820 17.020 17.331
Copper Chart 2.7822 2.8668 2.9352 3.0198 3.0882 3.1728 3.2412 3.1045 2.9515 3.0035
Platinum Chart 1198.4 1219.0 1240.3 1260.9 1282.2 1302.8 1324.1 1281.6 1239.7 1261.5
      Extreme Range        

Last Updated: Oct 24 12:10 GMT, Based on Bar of Oct 17 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)