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 48.25 48.66 49.40 49.81 50.55 50.96 51.70 50.23 49.08 50.13
Natural Gas Chart 2.531 2.573 2.637 2.679 2.743 2.785 2.849 2.720 2.614 2.702
Heating Oil Chart 1.4738 1.4849 1.5028 1.5139 1.5318 1.5429 1.5608 1.5250 1.4960 1.5207
Gasoline RBOB Chart 1.5547 1.5673 1.5848 1.5974 1.6149 1.6275 1.6450 1.6100 1.5799 1.6023
Gold Chart 1234.5 1245.7 1252.5 1263.7 1270.5 1281.7 1288.5 1274.9 1256.9 1259.3
Silver Chart 16.885 17.050 17.170 17.335 17.455 17.620 17.740 17.500 17.215 17.290
Copper Chart 2.0912 2.1083 2.1357 2.1528 2.1802 2.1973 2.2247 2.1700 2.1255 2.1630
Platinum Chart 941.2 952.6 960.1 971.5 979.0 990.4 997.9 982.9 964.0 967.6
      Extreme Range        

Last Updated: Jun 24 22:00 GMT, Based on Bar of Jun 23 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 43.25 44.54 46.70 47.99 50.15 51.44 53.60 49.28 45.83 48.86
Natural Gas Chart 2.453 2.494 2.574 2.615 2.695 2.736 2.816 2.656 2.535 2.654
Heating Oil Chart 1.3202 1.3697 1.4279 1.4774 1.5356 1.5851 1.6433 1.5270 1.4193 1.4860
Gasoline RBOB Chart 1.3670 1.4140 1.4635 1.5105 1.5600 1.6070 1.6565 1.5574 1.4609 1.5131
Gold Chart 1253.7 1264.5 1283.0 1293.8 1312.3 1323.1 1341.6 1304.5 1275.2 1301.6
Silver Chart 16.475 16.790 17.155 17.470 17.835 18.150 18.515 17.785 17.105 17.520
Copper Chart 1.9120 1.9665 2.0100 2.0645 2.1080 2.1625 2.2060 2.1190 2.0210 2.0535
Platinum Chart 919.7 941.5 956.2 978.0 992.7 1014.5 1029.2 999.7 963.2 971.0
      Extreme Range        

Last Updated: Jun 24 22:00 GMT, Based on Bar of Jun 17 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)