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 47.09 47.47 48.10 48.48 49.11 49.49 50.12 48.87 47.86 48.72
Natural Gas Chart 2.818 2.850 2.886 2.918 2.954 2.986 3.022 2.951 2.883 2.921
Heating Oil Chart 1.5453 1.5562 1.5758 1.5867 1.6063 1.6172 1.6368 1.5977 1.5672 1.5953
Gasoline RBOB Chart 1.5519 1.5664 1.5912 1.6057 1.6305 1.6450 1.6698 1.6202 1.5809 1.6160
Gold Chart 1227.7 1235.4 1247.9 1255.6 1268.1 1275.8 1288.3 1263.4 1243.2 1260.3
Silver Chart 15.983 16.132 16.383 16.532 16.783 16.932 17.183 16.680 16.280 16.635
Copper Chart 2.7600 2.7960 2.8335 2.8695 2.9070 2.9430 2.9805 2.9055 2.8320 2.8710
Platinum Chart 908.2 913.8 923.6 929.2 939.0 944.6 954.4 934.7 919.3 933.5
      Extreme Range        

Last Updated: Jul 27 05:40 GMT, Based on Bar of Jul 26 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 42.76 44.15 44.96 46.35 47.16 48.55 49.36 47.74 45.54 45.77
Natural Gas Chart 2.725 2.831 2.901 3.007 3.077 3.183 3.253 3.114 2.938 2.970
Heating Oil Chart 1.3933 1.4428 1.4790 1.5285 1.5647 1.6142 1.6504 1.5780 1.4923 1.5152
Gasoline RBOB Chart 1.4466 1.4982 1.5308 1.5824 1.6150 1.6666 1.6992 1.6341 1.5499 1.5633
Gold Chart 1207.9 1217.7 1236.3 1246.1 1264.7 1274.5 1293.1 1255.9 1227.5 1254.9
Silver Chart 15.516 15.726 16.091 16.301 16.666 16.876 17.241 16.510 15.935 16.457
Copper Chart 2.6202 2.6518 2.6872 2.7188 2.7542 2.7858 2.8212 2.7505 2.6835 2.7225
Platinum Chart 893.6 904.5 921.0 931.9 948.4 959.3 975.8 942.9 915.5 937.4
      Extreme Range        

Last Updated: Jul 27 05:40 GMT, Based on Bar of Jul 21 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)