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 90.87 91.69 92.82 93.64 94.77 95.59 96.72 94.45 92.50 93.96
Natural Gas Chart 3.629 3.708 3.798 3.877 3.967 4.046 4.136 3.955 3.786 3.889
Heating Oil Chart 2.7750 2.7895 2.8135 2.8280 2.8520 2.8665 2.8905 2.8425 2.8040 2.8375
Gasoline RBOB Chart 2.6550 2.6775 2.7125 2.7350 2.7700 2.7925 2.8275 2.7575 2.7000 2.7475
Gold Chart 1249.9 1261.7 1268.5 1280.3 1287.1 1298.9 1305.7 1292.0 1273.4 1275.4
Silver Chart 19.112 19.198 19.307 19.393 19.502 19.588 19.697 19.480 19.285 19.415
Copper Chart 3.1205 3.1350 3.1555 3.1700 3.1905 3.2050 3.2255 3.1845 3.1495 3.1760
Platinum Chart 1394.2 1404.1 1411.7 1421.6 1429.2 1439.1 1446.7 1431.5 1414.0 1419.3
      Extreme Range        

Last Updated: Aug 22 10:40 GMT, Based on Bar of Aug 21 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 90.20 91.71 93.52 95.03 96.84 98.35 100.16 96.55 93.23 95.32
Natural Gas Chart 3.429 3.596 3.686 3.853 3.943 4.110 4.200 4.020 3.763 3.776
Heating Oil Chart 2.7174 2.7657 2.8069 2.8552 2.8964 2.9447 2.9859 2.9036 2.8141 2.8480
Gasoline RBOB Chart 2.5304 2.5955 2.6471 2.7122 2.7638 2.8289 2.8805 2.7774 2.6607 2.6986
Gold Chart 1263.4 1278.2 1292.2 1307.0 1321.0 1335.8 1349.8 1321.8 1293.0 1306.2
Silver Chart 18.652 19.078 19.302 19.728 19.952 20.378 20.602 20.155 19.505 19.525
Copper Chart 2.8768 2.9797 3.0413 3.1442 3.2058 3.3087 3.3703 3.2470 3.0825 3.1030
Platinum Chart 1405.9 1426.1 1441.6 1461.8 1477.3 1497.5 1513.0 1481.9 1446.2 1457.2
      Extreme Range        

Last Updated: Aug 22 10:40 GMT, Based on Bar of Aug 15 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)