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 79.16 79.94 80.53 81.31 81.90 82.68 83.27 82.09 80.72 81.12
Natural Gas Chart 3.667 3.718 3.772 3.823 3.877 3.928 3.982 3.873 3.768 3.827
Heating Oil Chart 2.4585 2.4746 2.4898 2.5059 2.5211 2.5372 2.5524 2.5220 2.4907 2.5050
Gasoline RBOB Chart 2.1086 2.1286 2.1448 2.1648 2.1810 2.2010 2.2172 2.1848 2.1486 2.1610
Gold Chart 1169.6 1182.5 1190.6 1203.5 1211.6 1224.5 1232.6 1216.5 1195.5 1198.6
Silver Chart 15.223 15.777 16.098 16.652 16.973 17.527 17.848 17.205 16.330 16.420
Copper Chart 2.9850 3.0105 3.0365 3.0620 3.0880 3.1135 3.1395 3.0875 3.0360 3.0625
Platinum Chart 1214.3 1227.2 1236.5 1249.4 1258.7 1271.6 1280.9 1262.2 1240.0 1245.9
      Extreme Range        

Last Updated: Oct 31 22:15 GMT, Based on Bar of Oct 30 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 76.41 78.23 79.62 81.44 82.83 84.65 86.04 83.26 80.05 81.01
Natural Gas Chart 3.428 3.531 3.615 3.718 3.802 3.905 3.989 3.821 3.634 3.699
Heating Oil Chart 2.3553 2.3985 2.4344 2.4776 2.5135 2.5567 2.5926 2.5207 2.4416 2.4704
Gasoline RBOB Chart 1.9776 2.0370 2.0898 2.1492 2.2020 2.2614 2.3142 2.2086 2.0964 2.1426
Gold Chart 1190.9 1208.6 1220.2 1237.9 1249.5 1267.2 1278.8 1255.6 1226.3 1231.8
Silver Chart 16.306 16.671 16.926 17.291 17.546 17.911 18.166 17.655 17.035 17.182
Copper Chart 2.8937 2.9303 2.9857 3.0223 3.0777 3.1143 3.1697 3.0590 2.9670 3.0410
Platinum Chart 1197.1 1221.8 1236.4 1261.1 1275.7 1300.4 1315.0 1285.9 1246.6 1250.9
      Extreme Range        

Last Updated: Oct 31 22:15 GMT, Based on Bar of Oct 24 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)