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 57.02 57.86 59.27 60.11 61.52 62.36 63.77 60.94 58.69 60.69
Natural Gas Chart 2.798 2.859 2.916 2.977 3.034 3.095 3.152 3.038 2.920 2.973
Heating Oil Chart 1.8932 1.9158 1.9507 1.9733 2.0082 2.0308 2.0657 1.9960 1.9385 1.9855
Gasoline RBOB Chart 1.9922 2.0123 2.0468 2.0669 2.1014 2.1215 2.1560 2.0871 2.0325 2.0812
Gold Chart 1189.0 1194.9 1200.6 1206.5 1212.2 1218.1 1223.8 1212.4 1200.8 1206.3
Silver Chart 16.773 16.887 17.023 17.137 17.273 17.387 17.523 17.250 17.000 17.160
Copper Chart 2.8003 2.8142 2.8328 2.8467 2.8653 2.8792 2.8978 2.8605 2.8280 2.8515
Platinum Chart 1132.4 1138.8 1146.8 1153.2 1161.2 1167.6 1175.6 1159.5 1145.1 1154.9
      Extreme Range        

Last Updated: May 22 22:15 GMT, Based on Bar of May 21 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 58.29 58.80 59.79 60.30 61.29 61.80 62.79 60.82 59.32 60.77
Natural Gas Chart 2.820 2.867 2.942 2.989 3.064 3.111 3.186 3.036 2.914 3.017
Heating Oil Chart 1.9075 1.9306 1.9687 1.9918 2.0299 2.0530 2.0911 2.0149 1.9537 2.0068
Gasoline RBOB Chart 1.9356 1.9630 2.0087 2.0361 2.0818 2.1092 2.1549 2.0634 1.9903 2.0545
Gold Chart 1162.6 1175.8 1199.4 1212.6 1236.2 1249.4 1273.0 1225.8 1189.0 1223.0
Silver Chart 15.595 16.005 16.765 17.175 17.935 18.345 19.105 17.585 16.415 17.525
Copper Chart 2.8698 2.8827 2.9058 2.9187 2.9418 2.9547 2.9778 2.9315 2.8955 2.9290
Platinum Chart 1115.1 1128.1 1148.1 1161.1 1181.1 1194.1 1214.1 1174.0 1141.0 1168.2
      Extreme Range        

Last Updated: May 22 22:15 GMT, Based on Bar of May 15 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)