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 51.79 52.35 53.19 53.75 54.59 55.15 55.99 54.30 52.90 54.04
Natural Gas Chart 3.181 3.267 3.340 3.426 3.499 3.585 3.658 3.513 3.354 3.412
Heating Oil Chart 1.5826 1.6147 1.6316 1.6637 1.6806 1.7127 1.7296 1.6957 1.6467 1.6486
Gasoline RBOB Chart 1.5154 1.5572 1.5788 1.6206 1.6422 1.6840 1.7056 1.6624 1.5990 1.6004
Gold Chart 1180.1 1189.0 1201.0 1209.9 1221.9 1230.8 1242.8 1218.9 1198.0 1212.9
Silver Chart 16.447 16.626 16.887 17.066 17.327 17.506 17.767 17.245 16.805 17.148
Copper Chart 2.5368 2.5707 2.5978 2.6317 2.6588 2.6927 2.7198 2.6655 2.6045 2.6250
Platinum Chart 953.2 965.0 974.0 985.8 994.8 1006.6 1015.6 997.5 976.7 983.1
      Extreme Range        

Last Updated: Jan 18 17:55 GMT, Based on Bar of Jan 17 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 48.44 49.96 51.56 53.08 54.68 56.20 57.80 54.61 51.49 53.15
Natural Gas Chart 2.843 2.970 3.195 3.322 3.547 3.674 3.899 3.450 3.098 3.419
Heating Oil Chart 1.5075 1.5569 1.6042 1.6536 1.7009 1.7503 1.7976 1.7031 1.6064 1.6514
Gasoline RBOB Chart 1.4645 1.5028 1.5572 1.5955 1.6499 1.6882 1.7426 1.6337 1.5410 1.6117
Gold Chart 1141.5 1156.9 1176.5 1191.9 1211.5 1226.9 1246.5 1207.2 1172.2 1196.2
Silver Chart 15.908 16.182 16.473 16.747 17.038 17.312 17.603 17.020 16.455 16.765
Copper Chart 2.3712 2.4453 2.5677 2.6418 2.7642 2.8383 2.9607 2.7160 2.5195 2.6900
Platinum Chart 938.9 951.6 969.0 981.7 999.1 1011.8 1029.2 994.4 964.3 986.4
      Extreme Range        

Last Updated: Jan 18 17:55 GMT, Based on Bar of Jan 13 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)