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 52.91 53.99 55.26 56.34 57.61 58.69 59.96 57.42 55.07 56.53
Natural Gas Chart 2.440 2.492 2.585 2.637 2.730 2.782 2.875 2.690 2.545 2.677
Heating Oil Chart 1.8026 1.8317 1.8682 1.8973 1.9338 1.9629 1.9994 1.9265 1.8609 1.9046
Gasoline RBOB Chart 1.8444 1.8700 1.9037 1.9293 1.9630 1.9886 2.0223 1.9548 1.8955 1.9375
Gold Chart 1177.3 1185.8 1191.8 1200.3 1206.3 1214.8 1220.8 1208.8 1194.3 1197.8
Silver Chart 15.710 15.905 16.085 16.280 16.460 16.655 16.835 16.475 16.100 16.265
Copper Chart 2.6650 2.6920 2.7335 2.7605 2.8020 2.8290 2.8705 2.7875 2.7190 2.7750
Platinum Chart 1128.1 1140.8 1150.3 1163.0 1172.5 1185.2 1194.7 1175.6 1153.4 1159.9
      Extreme Range        

Last Updated: Apr 17 22:15 GMT, Based on Bar of Apr 16 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 44.70 47.09 49.36 51.75 54.02 56.41 58.68 54.13 49.47 51.64
Natural Gas Chart 2.234 2.369 2.439 2.574 2.644 2.779 2.849 2.709 2.504 2.509
Heating Oil Chart 1.5961 1.6393 1.7027 1.7459 1.8093 1.8525 1.9159 1.7891 1.6825 1.7661
Gasoline RBOB Chart 1.6175 1.6775 1.7436 1.8036 1.8697 1.9297 1.9958 1.8636 1.7375 1.8097
Gold Chart 1157.7 1175.1 1189.8 1207.2 1221.9 1239.3 1254.0 1224.5 1192.4 1204.6
Silver Chart 14.752 15.428 15.957 16.633 17.162 17.838 18.367 17.310 16.105 16.485
Copper Chart 2.5372 2.6153 2.6747 2.7528 2.8122 2.8903 2.9497 2.8310 2.6935 2.7340
Platinum Chart 1123.8 1139.5 1156.8 1172.5 1189.8 1205.5 1222.8 1188.2 1155.2 1174.1
      Extreme Range        

Last Updated: Apr 17 22:15 GMT, Based on Bar of Apr 10 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)