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 72.41 73.30 74.58 75.47 76.75 77.64 78.92 76.37 74.20 75.85
Natural Gas Chart 4.072 4.161 4.325 4.414 4.578 4.667 4.831 4.503 4.250 4.489
Heating Oil Chart 2.3094 2.3295 2.3548 2.3749 2.4002 2.4203 2.4456 2.3951 2.3497 2.3800
Gasoline RBOB Chart 1.9768 1.9984 2.0130 2.0346 2.0492 2.0708 2.0854 2.0562 2.0200 2.0276
Gold Chart 1158.8 1167.5 1179.2 1187.9 1199.6 1208.3 1220.0 1196.6 1176.2 1190.9
Silver Chart 15.590 15.772 15.955 16.137 16.320 16.502 16.685 16.320 15.955 16.137
Copper Chart 2.9633 2.9822 3.0008 3.0197 3.0383 3.0572 3.0758 3.0385 3.0010 3.0195
Platinum Chart 1156.0 1169.3 1187.4 1200.7 1218.8 1232.1 1250.2 1213.9 1182.5 1205.6
      Extreme Range        

Last Updated: Nov 21 22:15 GMT, Based on Bar of Nov 20 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 66.18 69.73 72.78 76.33 79.38 82.93 85.98 79.87 73.27 75.84
Natural Gas Chart 3.173 3.552 3.786 4.165 4.399 4.778 5.012 4.544 3.931 4.020
Heating Oil Chart 2.1283 2.2382 2.3271 2.4370 2.5259 2.6358 2.7247 2.5468 2.3480 2.4161
Gasoline RBOB Chart 1.7792 1.8850 1.9638 2.0696 2.1484 2.2542 2.3330 2.1755 1.9909 2.0425
Gold Chart 1109.0 1127.3 1156.4 1174.7 1203.8 1222.1 1251.2 1192.9 1145.5 1185.6
Silver Chart 14.453 14.851 15.583 15.981 16.713 17.111 17.843 16.380 15.250 16.314
Copper Chart 2.9310 2.9565 3.0015 3.0270 3.0720 3.0975 3.1425 3.0525 2.9820 3.0465
Platinum Chart 1142.6 1160.0 1186.6 1204.0 1230.6 1248.0 1274.6 1221.5 1177.5 1213.1
      Extreme Range        

Last Updated: Nov 21 22:15 GMT, Based on Bar of Nov 14 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)