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 100.16 101.03 101.71 102.58 103.26 104.13 104.81 103.45 101.90 102.39
Natural Gas Chart 3.620 3.688 3.730 3.798 3.840 3.908 3.950 3.866 3.756 3.772
Heating Oil Chart 2.8078 2.8265 2.8403 2.8590 2.8728 2.8915 2.9053 2.8776 2.8451 2.8542
Gasoline RBOB Chart 2.7968 2.8286 2.8546 2.8864 2.9124 2.9442 2.9702 2.9181 2.8603 2.8807
Gold Chart 1285.5 1293.8 1300.1 1308.4 1314.7 1323.0 1329.3 1316.8 1302.2 1306.3
Silver Chart 20.487 20.636 20.822 20.971 21.157 21.306 21.492 21.120 20.785 21.008
Copper Chart 3.1507 3.1733 3.1907 3.2133 3.2307 3.2533 3.2707 3.2360 3.1960 3.2080
Platinum Chart 1473.1 1478.7 1483.5 1489.1 1493.9 1499.5 1504.3 1494.7 1484.3 1488.3
      Extreme Range        

Last Updated: Jul 23 16:50 GMT, Based on Bar of Jul 22 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 94.00 95.92 98.93 100.85 103.86 105.78 108.79 102.76 97.83 101.95
Natural Gas Chart 3.627 3.780 3.866 4.019 4.105 4.258 4.344 4.173 3.934 3.951
Heating Oil Chart 2.7587 2.7923 2.8187 2.8523 2.8787 2.9123 2.9387 2.8858 2.8258 2.8452
Gasoline RBOB Chart 2.7582 2.8067 2.8335 2.8820 2.9088 2.9573 2.9841 2.9305 2.8552 2.8603
Gold Chart 1239.4 1266.0 1287.7 1314.3 1336.0 1362.6 1384.3 1340.9 1292.6 1309.4
Silver Chart 19.601 20.115 20.501 21.015 21.401 21.915 22.301 21.530 20.630 20.886
Copper Chart 3.0095 3.0885 3.1365 3.2155 3.2635 3.3425 3.3905 3.2945 3.1675 3.1845
Platinum Chart 1439.9 1460.4 1475.2 1495.7 1510.5 1531.0 1545.8 1516.3 1481.0 1489.9
      Extreme Range        

Last Updated: Jul 23 16:50 GMT, Based on Bar of Jul 18 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)