MCX Gold Guinea Tips for Today


The below MCX gold guinea tips & technical levels charts are updated at 9.30 am everyday based on the previous days data of the mcx gold guinea  and today's open price which is fetched from our server. Based on the quant's advanced camarilla equation and today's mcx gold guinea open we have plotted the possible reversal and break out levels tips. Please use the levels and charts below for trading purposes.

​Last Updated:  22/10/21

Long & Short Reversal Tips for Gold Guinea MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

38017.60

37980.20

38067.46

38079.93

38092.40

Sell below

38092.40

38129.80

38042.54

38030.07

38017.60

Long & Short Breakout Tips for Gold Guinea MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Breakout Buy above

38129.80

38092.40

38191.09

38262.68

Breakout Sell below

37980.20

38017.60

37918.91

37847.32

For your easy understanding we have plotted the above reversal and breakout level scenarios explanation in a easy readable charts below with entry, targets and stop loss.

MCX Gold Guinea Intraday Tips Chart


MCX Gold Guinea Tips

The Equation involves two types of trading one with the trend and one against the trend, the important levels to note are the L3 and H3 levels, where you may expect a reversal to occur (Research shows that reversals from L3 and H3 happen as often as 4 out of 5 times – 80% during intraday trading. ), and the L4 and H4 levels where you may expect a major breakout to occur.

Live Intraday Tips : Camarilla levels & mcx gold guinea target for today 22/10/21

H6

38262.68

Target 2

H5

38191.09

Target 1

H4

38129.80

Long Break Out

H3

38092.40

Go Short / Sell Below

H2

38079.93

H1

38067.46

Pivot

38083.67

Pivot

L1

38042.54

L2

38030.07

L3

38017.60

Go Long / Buy Above

L4

37980.20

Short Breakout

L5

37918.91

Target 1

L6

37847.32

Target 2

How to Trade the Free MCX Gold Guinea Tips


Trading is done on the basis of open of the commodity. Depending on the open price of gold guinea there can be five different scenarios occurring. Each scenario is discussed in a very detailed manner below.

  • SCENARIO 1
  • SCENARIO 2
  • SCENARIO 3
  • SCENARIO 4
  • SCENARIO 5

When the open of mcx gold guinea is between H3 : 38092.40 and L3: 38017.60


  To Enter Long Position (BUY)


Wait for the price to go below 38017.60 and again when the rate moves back above 38017.60 Go Long. Stop loss can be placed at 37980.20

Targets will be Target 1 : 38067.46, Target 2 : 38079.93, Target 3 : 38092.40


  To Enter Short Position (SELL)


Wait for the price to go above 38092.40 and again when the rate moves back below 38092.40 Go Short. Stop loss can be placed at 38129.80


Targets will be Target 1 : 38042.54, Target 2 : 38030.07, Target 3 : 38017.60

About Camarilla Pivot Point Intraday Trading Strategy :

Camarilla pivot point ( mean reversion ) is a very popular intraday trading strategy still used by many traders which has an astounding accuracy with consistent performance.

Camarilla pivot point theory is an advanced form of the existing normal classical pivot point strategy founded by Nick scott a very successful bond trader in end of 1980’s It is highly accurate for trading high beta stocks and commodities. The Equation works on thesis that price most of the time has tendency to revert to its mean.

MCX Gold Guinea Short Term Tips


Short term levels are calculated based on the previous week mcx gold guinea open high low close. Here today's open doesn't play a major role, henceforth use the levels calculated below for possible reversal and break outs for your short term positional trading.

H6

39410.91

TGT 2

H5

38921.61

TGT1

H4

38502.70

Long Break Out

H3

38251.35

Go Short / Sell Below

H2

38167.57

H1

38083.79

Pivot

38095.33

Pivot

L1

37916.21

L2

37832.43

L3

37748.65

Go Long / Buy Above

L4

37497.30

Short Breakout

L5

37078.39

TGT 1

L6

36589.09

TGT 2


Short Term Gold Guinea Buy & Sell Reversal Tips

Signal

Entry

Stop Loss

Target 1

Tgt 2

Tgt 3

Short Term Buy above

37748.65

37497.30

38083.79

38167.57

38251.35

Short Term Sell below

38251.35

38502.70

37916.21

37832.43

37748.65

Short Term Gold Guinea Buy & Sell Breakout Tips

Signal

Entry

Stop Loss

Tgt 1

Tgt 2

Short Term Breakout Buy above

38502.70

38251.35

38921.61

39410.91

Short Term Breakout Sell below

37497.30

37748.65

37078.39

36589.09

We master in reversal and break out levels price analysis and prediction. Get the powerful reversal and breakout level Free MCX Tips for the 16 major commodities listed on the multi commodity exchange of India. Technical levels & free tips of the mcx bullion gold guinea are updated every day.

## Offer Sale Basic Plan @ Rs.1999& Premium Plan @ Rs.3999 offer valid till 22nd October

Free Access to MCX Trend and Tips levels will be restricted on Monday & Wednesday for this week. To Get Continuous access check Paid Members Pricing.