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 36.29 37.62 40.20 41.53 44.11 45.44 48.02 42.86 38.95 42.78
Natural Gas Chart 2.573 2.608 2.641 2.676 2.709 2.744 2.777 2.710 2.642 2.675
Heating Oil Chart 1.3266 1.3618 1.4324 1.4676 1.5382 1.5734 1.6440 1.5029 1.3971 1.5029
Gasoline RBOB Chart 1.3056 1.3381 1.3956 1.4281 1.4856 1.5181 1.5756 1.4607 1.3707 1.4530
Gold Chart 1107.0 1112.0 1118.5 1123.5 1130.0 1135.0 1141.5 1128.5 1117.0 1125.0
Silver Chart 13.665 13.870 14.175 14.380 14.685 14.890 15.195 14.585 14.075 14.480
Copper Chart 2.1768 2.2117 2.2713 2.3062 2.3658 2.4007 2.4603 2.3410 2.2465 2.3310
Platinum Chart 959.7 971.2 986.0 997.5 1012.3 1023.8 1038.6 1009.1 982.8 1000.7
      Extreme Range        

Last Updated: Aug 28 22:15 GMT, Based on Bar of Aug 27 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 35.56 37.71 39.08 41.23 42.60 44.75 46.12 43.38 39.86 40.45
Natural Gas Chart 2.524 2.597 2.642 2.715 2.760 2.833 2.878 2.788 2.670 2.687
Heating Oil Chart 1.2940 1.3723 1.4174 1.4957 1.5408 1.6191 1.6642 1.5741 1.4507 1.4624
Gasoline RBOB Chart 1.2283 1.3516 1.4493 1.5726 1.6703 1.7936 1.8913 1.6959 1.4749 1.5470
Gold Chart 1063.4 1085.9 1122.8 1145.3 1182.2 1204.7 1241.6 1167.9 1108.5 1159.6
Silver Chart 13.727 14.203 14.762 15.238 15.797 16.273 16.832 15.715 14.680 15.320
Copper Chart 2.1718 2.2162 2.2598 2.3042 2.3478 2.3922 2.4358 2.3485 2.2605 2.3035
Platinum Chart 930.5 955.7 988.0 1013.2 1045.5 1070.7 1103.0 1038.5 981.0 1020.2
      Extreme Range        

Last Updated: Aug 28 22:15 GMT, Based on Bar of Aug 21 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)