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 48.46 49.54 50.25 51.33 52.04 53.12 53.83 52.40 50.61 50.97
Natural Gas Chart 2.638 2.691 2.759 2.812 2.880 2.933 3.001 2.864 2.743 2.828
Heating Oil Chart 1.8237 1.8470 1.8649 1.8882 1.9061 1.9294 1.9473 1.9114 1.8702 1.8829
Gasoline RBOB Chart 1.7857 1.8227 1.8585 1.8955 1.9313 1.9683 2.0041 1.9325 1.8597 1.8943
Gold Chart 1179.5 1187.6 1192.6 1200.7 1205.7 1213.8 1218.8 1208.9 1195.8 1197.5
Silver Chart 15.893 16.017 16.108 16.232 16.323 16.447 16.538 16.355 16.140 16.200
Copper Chart 2.6082 2.6278 2.6402 2.6598 2.6722 2.6918 2.7042 2.6795 2.6475 2.6525
Platinum Chart 1159.2 1168.6 1174.0 1183.4 1188.8 1198.2 1203.6 1192.7 1177.9 1179.5
      Extreme Range        

Last Updated: Mar 06 22:15 GMT, Based on Bar of Mar 05 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 46.11 47.29 48.40 49.58 50.69 51.87 52.98 50.75 48.46 49.52
Natural Gas Chart 2.329 2.507 2.608 2.786 2.887 3.065 3.166 2.963 2.684 2.710
Heating Oil Chart 1.6376 1.7703 1.8690 2.0017 2.1004 2.2331 2.3318 2.1343 1.9029 1.9678
Gasoline RBOB Chart 1.4074 1.5264 1.7512 1.8702 2.0950 2.2140 2.4388 1.9893 1.6455 1.9759
Gold Chart 1189.4 1196.4 1205.1 1212.1 1220.8 1227.8 1236.5 1219.2 1203.5 1213.7
Silver Chart 15.905 16.080 16.350 16.525 16.795 16.970 17.240 16.700 16.255 16.620
Copper Chart 2.5342 2.5693 2.6297 2.6648 2.7252 2.7603 2.8207 2.7000 2.6045 2.6900
Platinum Chart 1147.3 1156.9 1172.5 1182.1 1197.7 1207.3 1222.9 1191.8 1166.6 1188.0
      Extreme Range        

Last Updated: Mar 06 22:15 GMT, Based on Bar of Feb 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)