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 54.57 55.53 56.02 56.98 57.47 58.43 58.92 57.95 56.50 56.50
Natural Gas Chart 2.700 2.748 2.790 2.838 2.880 2.928 2.970 2.885 2.795 2.833
Heating Oil Chart 1.7747 1.8028 1.8185 1.8466 1.8623 1.8904 1.9061 1.8747 1.8309 1.8342
Gasoline RBOB Chart 1.9590 1.9850 2.0072 2.0332 2.0554 2.0814 2.1036 2.0592 2.0110 2.0294
Gold Chart 1144.2 1150.0 1157.6 1163.4 1171.0 1176.8 1184.4 1169.2 1155.8 1165.2
Silver Chart 15.177 15.313 15.482 15.618 15.787 15.923 16.092 15.755 15.450 15.650
Copper Chart 2.5983 2.6097 2.6233 2.6347 2.6483 2.6597 2.6733 2.6460 2.6210 2.6370
Platinum Chart 1065.6 1070.1 1078.7 1083.2 1091.8 1096.3 1104.9 1087.8 1074.7 1087.2
      Extreme Range        

Last Updated: Jul 03 18:00 GMT, Based on Bar of Jul 02 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 57.75 58.26 58.95 59.46 60.15 60.66 61.35 59.96 58.76 59.65
Natural Gas Chart 2.608 2.679 2.725 2.796 2.842 2.913 2.959 2.866 2.749 2.772
Heating Oil Chart 1.8184 1.8336 1.8476 1.8628 1.8768 1.8920 1.9060 1.8779 1.8487 1.8617
Gasoline RBOB Chart 1.9795 1.9988 2.0203 2.0396 2.0611 2.0804 2.1019 2.0588 2.0180 2.0419
Gold Chart 1128.0 1147.6 1160.6 1180.2 1193.2 1212.8 1225.8 1199.7 1167.1 1173.7
Silver Chart 14.843 15.162 15.463 15.782 16.083 16.402 16.703 16.100 15.480 15.765
Copper Chart 2.5167 2.5443 2.5927 2.6203 2.6687 2.6963 2.7447 2.6480 2.5720 2.6410
Platinum Chart 1060.1 1065.8 1074.6 1080.3 1089.1 1094.8 1103.6 1086.0 1071.5 1083.4
      Extreme Range        

Last Updated: Jul 03 18:00 GMT, Based on Bar of Jun 26 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)