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 48.49 51.39 53.25 56.15 58.01 60.91 62.77 59.04 54.28 55.12
Natural Gas Chart 3.425 3.531 3.594 3.700 3.763 3.869 3.932 3.805 3.636 3.658
Heating Oil Chart 1.7908 1.8635 1.9098 1.9825 2.0288 2.1015 2.1478 2.0551 1.9361 1.9562
Gasoline RBOB Chart 1.3966 1.4593 1.4992 1.5619 1.6018 1.6645 1.7044 1.6247 1.5221 1.5390
Gold Chart 1161.1 1174.8 1186.5 1200.2 1211.9 1225.6 1237.3 1213.9 1188.5 1198.2
Silver Chart 15.177 15.458 15.667 15.948 16.157 16.438 16.647 16.230 15.740 15.875
Copper Chart 2.7885 2.8155 2.8315 2.8585 2.8745 2.9015 2.9175 2.8855 2.8425 2.8475
Platinum Chart 1168.6 1180.8 1190.4 1202.6 1212.2 1224.4 1234.0 1214.9 1193.1 1199.9
      Extreme Range        

Last Updated: Dec 19 22:15 GMT, Based on Bar of Dec 18 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 47.04 52.35 55.25 60.56 63.46 68.77 71.67 65.88 57.67 58.14
Natural Gas Chart 3.404 3.494 3.645 3.735 3.886 3.976 4.127 3.826 3.585 3.795
Heating Oil Chart 1.8947 1.9533 1.9847 2.0433 2.0747 2.1333 2.1647 2.1020 2.0120 2.0160
Gasoline RBOB Chart 1.3609 1.4760 1.5366 1.6517 1.7123 1.8274 1.8880 1.7667 1.5910 1.5973
Gold Chart 1141.8 1164.6 1193.5 1216.3 1245.2 1268.0 1296.9 1239.0 1187.3 1222.5
Silver Chart 15.173 15.669 16.363 16.859 17.553 18.049 18.743 17.355 16.165 17.057
Copper Chart 2.7978 2.8317 2.8828 2.9167 2.9678 3.0017 3.0528 2.9505 2.8655 2.9340
Platinum Chart 1179.3 1199.6 1215.6 1235.9 1251.9 1272.2 1288.2 1256.3 1220.0 1231.5
      Extreme Range        

Last Updated: Dec 19 22:15 GMT, Based on Bar of Dec 12 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)