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what is a pivot point in math. For example if gold is experiencing an uptrend and reaches its pivot that might signal the uptrend is nearing its end. Pivot definition is - a shaft or pin on which something turns.
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There exists a pivot point P in the interior of a convex polyhedron in a euclidean space if and only if every single line through P contains exactly zero or two vertices of the polyhedron. It is calculated as an average of the high low and closing prices of the market from the previous trading period. Pivot Level refers to the price level.
For example column 3 is twice column one plus column two.
The pivot point is interpreted as the primary supportresistance level - the point at which the main trend is determined. Pivot point breaks can be an entry marker confirmation of trend direction also confirmation of trend reversal -exit marker. For example if gold is experiencing an uptrend and reaches its pivot that might signal the uptrend is nearing its end. Decimals with at most exactly digits after the decimal point.
