Silver Pivot Points: Classic, Fibonacci and Camarilla Levels for XAG/USD
How Classic, Fibonacci and Camarilla pivot points for silver are calculated, how to read them, and how the site labels them — with the full arithmetic for the Friday 6 November 2026 levels.
Pivot points for silver are calculated with exactly the same formulas as for gold: one Pivot and three resistance and three support levels, all from the previous completed session's high, low and close. What changes is the market. Silver's session range is a much larger share of its price than gold's, so silver tests its pivot levels more often in a single day, and its levels sit closer together in dollars — roughly $0.70 to $1.19 apart on a normal day, against roughly $40 to $49 for gold.
Classic (Floor) pivots
The Classic method starts from the previous completed session's high (H), low (L) and close (C). The Pivot is their average, and the other six levels are built from the Pivot and the session range (H − L):
P = (H + L + C) / 3. R1 = 2P − L. R2 = P + (H − L). R3 = H + 2(P − L). S1 = 2P − H. S2 = P − (H − L). S3 = L − 2(H − P). The levels are always ordered R3 > R2 > R1 > P > S1 > S2 > S3, and the Pivot always lies between the session high and low. If a calculation ever breaks that ordering, the data is wrong — this site checks the ordering on every published set of pivots.
Worked example: Friday 6 November 2026 pivots
The Friday pivots were calculated from the verified Thursday 5 November session: open $52.296, high $53.4775, low $51.586, close $51.7895. The Pivot is (53.4775 + 51.586 + 51.7895) / 3 = $52.28. The range is 53.4775 − 51.586 = $1.8915, so R1 = 2 × 52.28 − 51.586 = $52.98 and S1 = 2 × 52.28 − 53.4775 = $51.09. The full set is shown below.
| Level | Price | Formula |
|---|---|---|
| R3 | $54.87 | H + 2(P − L) |
| R2 | $54.18 | P + (H − L) |
| R1 | $52.98 | 2P − L |
| Pivot | $52.28 | (H + L + C) / 3 |
| S1 | $51.09 | 2P − H |
| S2 | $50.39 | P − (H − L) |
| S3 | $49.20 | L − 2(H − P) |
How to read the levels
- Price above the Pivot has a bullish bias for the session; price below it has a bearish bias. The bias is a description of where price is, not a prediction.
- R1 and S1 are the first levels price usually tests. A level that is tested and holds is support or resistance; a level that price closes beyond on a verified completed candle is broken — until then the break is unconfirmed.
- A spot touch of a level is not a break. This site only calls a level broken when a completed 1-hour or 4-hour candle closes beyond it.
- Levels from different sessions are not interchangeable. A pivot level is always labelled by the session whose OHLC it was calculated from — for example, the R3 of $52.94 that silver traded above in early November was calculated from Tuesday 3 November OHLC, and must be described that way.
Fibonacci and Camarilla pivots
The daily report also publishes two other pivot methods, kept strictly separate from the Classic levels. Fibonacci pivots use the Classic Pivot with 0.382, 0.618 and 1.000 of the session range. Camarilla pivots are computed around the close, not around the Pivot, and include a fourth level (R4/S4). For Friday 6 November, the Fibonacci R1 was $53.01 and the Camarilla R1 was $51.96 — different methods, different numbers, and they should never be averaged or combined into a single level.
Silver's failed breakout: what the levels actually did
On Thursday 5 November silver traded above the old R3 of $52.94 (calculated from Tuesday 3 November OHLC), reaching a session high of $53.4775, but closed at $51.7895 — below the old R2 of $51.92. The breakout failed on the close. On Friday the session high of $52.3755 never reached $52.94 again, and the close of $51.9445 reclaimed the old R2 by just $0.02 — a marginal reclaim, not a new breakout. The level, the break and the failure are all facts about completed candles, not about a spot price touching a line.
What pivot points cannot tell you
- Pivots are computed from past data. They describe where traders have previously reacted; they do not cause price to turn.
- In a strong trend, price can run through R1, R2 and R3 in one session. A broken level is information, not a reversal signal.
- Pivots are least reliable on days with major scheduled events — for example, a Nonfarm Payrolls release can move silver through several levels in minutes.
- Always check the data behind the levels: the source session, the provider, and whether the session candle is complete. A pivot calculated from an incomplete candle is not a pivot.
On this site, silver's pivots are always shown with their source session, provider and price basis. If the session candle needed for a pivot is unavailable, the value is shown as unavailable — never estimated from a spot snapshot.