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 53.34 53.66 54.09 54.41 54.84 55.16 54.51 53.76 53.99
Natural Gas Chart 2.678 2.704 2.746 2.772 2.814 2.840 2.882 2.799 2.731 2.787
Heating Oil Chart 1.6076 1.6227 1.6354 1.6505 1.6632 1.6783 1.6910 1.6655 1.6377 1.6482
Gasoline RBOB Chart 1.6941 1.7072 1.7218 1.7349 1.7495 1.7626 1.7772 1.7479 1.7202 1.7365
Gold Chart 1238.6 1243.7 1251.0 1256.1 1263.4 1268.5 1275.8 1261.2 1248.8 1258.3
Silver Chart 17.899 18.022 18.214 18.337 18.529 18.652 18.844 18.460 18.145 18.406
Copper Chart 2.6103 2.6317 2.6638 2.6852 2.7173 2.7387 2.7708 2.7065 2.6530 2.6960
Platinum Chart 994.6 1002.8 1015.7 1023.9 1036.8 1045.0 1057.9 1032.0 1010.9 1028.7
      Extreme Range        

Last Updated: Feb 27 08:40 GMT, Based on Bar of Feb 24 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 51.54 52.44 53.22 54.12 54.90 55.80 56.58 55.03 53.35 53.99
Natural Gas Chart 2.306 2.462 2.624 2.780 2.942 3.098 3.260 2.935 2.617 2.787
Heating Oil Chart 1.5373 1.5765 1.6124 1.6516 1.6875 1.7267 1.7626 1.6909 1.6158 1.6482
Gasoline RBOB Chart 1.6255 1.6642 1.7003 1.7390 1.7751 1.8138 1.8499 1.7776 1.7028 1.7365
Gold Chart 1201.9 1214.4 1236.3 1248.8 1270.7 1283.2 1305.1 1261.2 1226.8 1258.3
Silver Chart 17.462 17.673 18.039 18.250 18.616 18.827 19.193 18.460 17.883 18.406
Copper Chart 2.5195 2.5860 2.6410 2.7075 2.7625 2.8290 2.8840 2.7740 2.6525 2.6960
Platinum Chart 960.6 975.6 1002.1 1017.1 1043.6 1058.6 1085.1 1032.0 990.5 1028.7
      Extreme Range        

Last Updated: Feb 27 08:40 GMT, Based on Bar of Feb 24 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)