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 42.41 43.00 43.79 44.38 45.17 45.76 46.55 44.96 43.58 44.59
Natural Gas Chart 2.377 2.524 2.629 2.776 2.881 3.028 3.133 2.924 2.672 2.733
Heating Oil Chart 1.5694 1.5824 1.5956 1.6086 1.6218 1.6348 1.6480 1.6215 1.5953 1.6089
Gasoline RBOB Chart 1.3312 1.3456 1.3712 1.3856 1.4112 1.4256 1.4512 1.4000 1.3600 1.3968
Gold Chart 1210.5 1231.3 1245.0 1265.8 1279.5 1300.3 1314.0 1286.6 1252.1 1258.7
Silver Chart 15.130 15.935 16.440 17.245 17.750 18.555 19.060 18.050 16.740 16.945
Copper Chart 2.3790 2.3995 2.4285 2.4490 2.4780 2.4985 2.5275 2.4695 2.4200 2.4575
Platinum Chart 1157.5 1185.2 1203.3 1231.0 1249.1 1276.8 1294.9 1258.6 1212.8 1221.5
      Extreme Range        

Last Updated: Jan 30 22:15 GMT, Based on Bar of Jan 29 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 39.94 42.58 43.93 46.57 47.92 50.56 51.91 49.20 45.21 45.29
Natural Gas Chart 2.676 2.766 2.866 2.956 3.056 3.146 3.246 3.045 2.855 2.967
Heating Oil Chart 1.5952 1.6166 1.6288 1.6502 1.6624 1.6838 1.6960 1.6716 1.6380 1.6410
Gasoline RBOB Chart 1.2928 1.3120 1.3290 1.3482 1.3652 1.3844 1.4014 1.3674 1.3312 1.3460
Gold Chart 1260.0 1270.4 1282.2 1292.6 1304.4 1314.8 1326.6 1302.9 1280.7 1294.1
Silver Chart 17.397 17.618 17.972 18.193 18.547 18.768 19.122 18.415 17.840 18.325
Copper Chart 2.3003 2.3947 2.4448 2.5392 2.5893 2.6837 2.7338 2.6335 2.4890 2.4950
Platinum Chart 1240.2 1252.8 1261.2 1273.8 1282.2 1294.8 1303.2 1286.4 1265.4 1269.6
      Extreme Range        

Last Updated: Jan 30 22:15 GMT, Based on Bar of Jan 23 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)