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 95.23 95.37 95.62 95.76 96.01 96.15 96.40 95.91 95.52 95.86
Natural Gas Chart 3.984 4.003 4.039 4.058 4.094 4.113 4.149 4.078 4.023 4.074
Heating Oil Chart 2.8193 2.8306 2.8403 2.8516 2.8613 2.8726 2.8823 2.8630 2.8420 2.8499
Gasoline RBOB Chart 2.5837 2.5958 2.6079 2.6200 2.6321 2.6442 2.6563 2.6320 2.6078 2.6201
Gold Chart 1280.5 1283.1 1285.6 1288.2 1290.7 1293.3 1295.8 1290.9 1285.8 1288.0
Silver Chart 19.327 19.383 19.452 19.508 19.577 19.633 19.702 19.565 19.440 19.520
Copper Chart 3.1040 3.1220 3.1370 3.1550 3.1700 3.1880 3.2030 3.1730 3.1400 3.1520
Platinum Chart 1416.1 1418.3 1422.2 1424.4 1428.3 1430.5 1434.4 1426.6 1420.5 1426.1
      Extreme Range        

Last Updated: Sep 02 10:00 GMT, Based on Bar of Sep 01 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 91.06 92.05 94.01 95.00 96.96 97.95 99.91 96.00 93.05 95.96
Natural Gas Chart 3.717 3.801 3.933 4.017 4.149 4.233 4.365 4.101 3.885 4.065
Heating Oil Chart 2.7592 2.7916 2.8258 2.8582 2.8924 2.9248 2.9590 2.8905 2.8239 2.8601
Gasoline RBOB Chart 2.5296 2.5497 2.5863 2.6064 2.6430 2.6631 2.6997 2.6265 2.5698 2.6229
Gold Chart 1253.1 1264.1 1275.7 1286.7 1298.3 1309.3 1320.9 1297.6 1275.0 1287.4
Silver Chart 18.661 19.011 19.251 19.601 19.841 20.191 20.431 19.950 19.360 19.492
Copper Chart 3.0065 3.0745 3.1175 3.1855 3.2285 3.2965 3.3395 3.2535 3.1425 3.1605
Platinum Chart 1397.2 1405.4 1415.0 1423.2 1432.8 1441.0 1450.6 1431.3 1413.5 1424.7
      Extreme Range        

Last Updated: Sep 02 10:00 GMT, Based on Bar of Aug 29 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)