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 44.13 46.17 47.30 49.34 50.47 52.51 53.64 51.38 48.21 48.43
Natural Gas Chart 2.537 2.577 2.618 2.658 2.699 2.739 2.780 2.697 2.616 2.660
Heating Oil Chart 1.6342 1.6768 1.7051 1.7477 1.7760 1.8186 1.8469 1.7903 1.7194 1.7334
Gasoline RBOB Chart 1.6822 1.7362 1.7661 1.8201 1.8500 1.9040 1.9339 1.8740 1.7901 1.7961
Gold Chart 1177.9 1185.3 1191.9 1199.3 1205.9 1213.3 1219.9 1206.6 1192.6 1198.6
Silver Chart 16.478 16.667 16.818 17.007 17.158 17.347 17.498 17.195 16.855 16.970
Copper Chart 2.6903 2.7232 2.7438 2.7767 2.7973 2.8302 2.8508 2.8095 2.7560 2.7645
Platinum Chart 1113.0 1124.8 1131.1 1142.9 1149.2 1161.0 1167.3 1154.6 1136.5 1137.5
      Extreme Range        

Last Updated: Mar 30 01:45 GMT, Based on Bar of Mar 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 41.13 43.77 46.10 48.74 51.07 53.71 56.04 51.38 46.41 48.43
Natural Gas Chart 2.479 2.547 2.604 2.672 2.729 2.797 2.854 2.741 2.616 2.660
Heating Oil Chart 1.6342 1.6768 1.7051 1.7477 1.7760 1.8186 1.8469 1.7903 1.7194 1.7334
Gasoline RBOB Chart 1.6779 1.7327 1.7644 1.8192 1.8509 1.9057 1.9374 1.8740 1.7875 1.7961
Gold Chart 1162.3 1172.7 1185.7 1196.1 1209.1 1219.5 1232.5 1206.6 1183.2 1198.6
Silver Chart 16.312 16.533 16.752 16.973 17.192 17.413 17.632 17.195 16.755 16.970
Copper Chart 2.6903 2.7232 2.7438 2.7767 2.7973 2.8302 2.8508 2.8095 2.7560 2.7645
Platinum Chart 1113.0 1124.8 1131.1 1142.9 1149.2 1161.0 1167.3 1154.6 1136.5 1137.5
      Extreme Range        

Last Updated: Mar 30 01:45 GMT, Based on Bar of Mar 27 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)