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 28.88 30.20 30.95 32.27 33.02 34.34 35.09 33.60 31.53 31.69
Natural Gas Chart 1.845 1.900 1.939 1.994 2.033 2.088 2.127 2.048 1.954 1.979
Heating Oil Chart 0.9990 1.0306 1.0549 1.0865 1.1108 1.1424 1.1667 1.1181 1.0622 1.0792
Gasoline RBOB Chart 0.9451 0.9811 1.0016 1.0376 1.0581 1.0941 1.1146 1.0735 1.0170 1.0222
Gold Chart 1126.3 1133.0 1144.5 1151.2 1162.7 1169.4 1180.9 1157.9 1139.7 1156.0
Silver Chart 14.423 14.537 14.703 14.817 14.983 15.097 15.263 14.930 14.650 14.870
Copper Chart 2.0558 2.0757 2.0983 2.1182 2.1408 2.1607 2.1833 2.1380 2.0955 2.1210
Platinum Chart 859.8 870.0 890.3 900.5 920.8 931.0 951.3 910.8 880.3 910.5
      Extreme Range        

Last Updated: Feb 05 22:00 GMT, Based on Bar of Feb 04 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 24.74 26.99 30.31 32.56 35.88 38.13 41.45 34.82 29.25 33.62
Natural Gas Chart 1.909 1.993 2.146 2.230 2.383 2.467 2.620 2.315 2.078 2.298
Heating Oil Chart 0.7657 0.8400 0.9594 1.0337 1.1531 1.2274 1.3468 1.1081 0.9144 1.0787
Gasoline RBOB Chart 0.9044 0.9590 1.0457 1.1003 1.1870 1.2416 1.3283 1.1550 1.0137 1.1323
Gold Chart 1069.3 1083.7 1100.0 1114.4 1130.7 1145.1 1161.4 1128.7 1098.0 1116.4
Silver Chart 13.424 13.724 13.984 14.284 14.544 14.844 15.104 14.585 14.025 14.243
Copper Chart 1.9123 1.9467 2.0068 2.0412 2.1013 2.1357 2.1958 2.0755 1.9810 2.0670
Platinum Chart 788.7 810.8 842.6 864.7 896.5 918.6 950.4 886.9 833.0 874.3
      Extreme Range        

Last Updated: Feb 05 22:00 GMT, Based on Bar of Jan 29 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)