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 48.94 49.61 50.26 50.93 51.58 52.25 52.90 51.60 50.28 50.91
Natural Gas Chart 3.403 3.489 3.561 3.647 3.719 3.805 3.877 3.732 3.574 3.634
Heating Oil Chart 1.5907 1.6089 1.6237 1.6419 1.6567 1.6749 1.6897 1.6602 1.6272 1.6384
Gasoline RBOB Chart 1.4952 1.5122 1.5269 1.5439 1.5586 1.5756 1.5903 1.5608 1.5291 1.5417
Gold Chart 1158.3 1163.2 1167.3 1172.2 1176.3 1181.2 1185.3 1177.1 1168.1 1171.4
Silver Chart 16.488 16.617 16.698 16.827 16.908 17.037 17.118 16.955 16.745 16.780
Copper Chart 2.5928 2.6217 2.6458 2.6747 2.6988 2.7277 2.7518 2.7035 2.6505 2.6700
Platinum Chart 909.3 921.7 928.2 940.6 947.1 959.5 966.0 953.0 934.1 934.7
      Extreme Range        

Last Updated: Dec 07 12:15 GMT, Based on Bar of Dec 06 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 40.71 42.93 47.30 49.52 53.89 56.11 60.48 51.73 45.14 51.68
Natural Gas Chart 2.964 3.108 3.281 3.425 3.598 3.742 3.915 3.568 3.251 3.455
Heating Oil Chart 1.2860 1.3627 1.5097 1.5864 1.7334 1.8101 1.9571 1.6631 1.4394 1.6567
Gasoline RBOB Chart 1.1961 1.2736 1.4142 1.4917 1.6323 1.7098 1.8504 1.5693 1.3512 1.5547
Gold Chart 1133.5 1150.9 1165.1 1182.5 1196.7 1214.1 1228.3 1200.0 1168.4 1179.2
Silver Chart 15.932 16.153 16.477 16.698 17.022 17.243 17.567 16.920 16.375 16.800
Copper Chart 2.4848 2.5407 2.5843 2.6402 2.6838 2.7397 2.7833 2.6960 2.5965 2.6280
Platinum Chart 885.2 896.4 913.4 924.6 941.6 952.8 969.8 935.7 907.5 930.5
      Extreme Range        

Last Updated: Dec 07 12:15 GMT, Based on Bar of Dec 02 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)