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 99.69 100.34 101.22 101.87 102.75 103.40 104.28 102.53 101.00 102.09
Natural Gas Chart 3.651 3.710 3.749 3.808 3.847 3.906 3.945 3.868 3.770 3.787
Heating Oil Chart 2.8361 2.8528 2.8842 2.9009 2.9323 2.9490 2.9804 2.9175 2.8694 2.9157
Gasoline RBOB Chart 2.8015 2.8170 2.8412 2.8567 2.8809 2.8964 2.9206 2.8723 2.8326 2.8653
Gold Chart 1275.3 1283.2 1293.2 1301.1 1311.1 1319.0 1329.0 1308.9 1291.0 1303.3
Silver Chart 19.927 20.139 20.387 20.599 20.847 21.059 21.307 20.810 20.350 20.636
Copper Chart 3.1850 3.2115 3.2260 3.2525 3.2670 3.2935 3.3080 3.2790 3.2380 3.2405
Platinum Chart 1459.3 1464.9 1471.8 1477.4 1484.3 1489.9 1496.8 1483.1 1470.6 1478.6
      Extreme Range        

Last Updated: Jul 28 11:10 GMT, Based on Bar of Jul 25 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 98.46 99.73 100.91 102.18 103.36 104.63 105.81 103.45 101.00 102.09
Natural Gas Chart 3.576 3.663 3.725 3.812 3.874 3.961 4.023 3.899 3.750 3.787
Heating Oil Chart 2.7915 2.8170 2.8664 2.8919 2.9413 2.9668 3.0162 2.9175 2.8426 2.9157
Gasoline RBOB Chart 2.7317 2.7796 2.8224 2.8703 2.9131 2.9610 3.0038 2.9181 2.8274 2.8653
Gold Chart 1256.0 1271.8 1287.5 1303.3 1319.0 1334.8 1350.5 1319.0 1287.5 1303.3
Silver Chart 19.454 19.902 20.269 20.717 21.084 21.532 21.899 21.165 20.350 20.636
Copper Chart 3.0775 3.1255 3.1830 3.2310 3.2885 3.3365 3.3940 3.2790 3.1735 3.2405
Platinum Chart 1427.8 1447.3 1462.9 1482.4 1498.0 1517.5 1533.1 1501.8 1466.7 1478.6
      Extreme Range        

Last Updated: Jul 28 11:10 GMT, Based on Bar of Jul 25 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)