MCX Gold Petal Trend - Support and Resistance Levels


Overall MCX Gold Petal Trend for today, tomorrow, current & next week and month

Last Update: 25-01-2023

Trend

Signal

Intraday

Down Trend

Short Term

Up Trend

Long Term

Up Trend

Below gold petal trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are very important market turnaround reversal or breakout levels to lookout for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit - entry or entry - exit. These forecast are valid from intraday to short term to long term.

MCX Gold Petal Trend Today


MCX gold petal is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

MCX Gold Petal Trend

Intraday Gold Petal Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

5614.77

5607.9

5618.21

5622.46

5629.33

Sell below

5607.9

5614.77

5604.46

5599.08

5593.33

We also expect the commodity gold petal futures to react on the below support and resistance levels for today.

Intraday Gold Petal Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

5621.67

5629.33

5639.67

Intraday Gold Petal Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

5603.67

5593.33

5585.67

Earnometer Gold Petal


Below earnometer gold petal power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Gold Petal Levels

Price

Three Days Before High

5617

Two Days Before High

5618

Yesterdays High

5619

Pivot

5611.33

Yesterdays Low

5601

Two Days Before Low

5575

Three Days Before High

5603

Earnometer Gold Petal Update:

Earnometer Gold Petal

Important Gold Petal Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

5217

4MH

Four Month before High

5080

3MH

Three Month before High

5169

2MH

Two Month before High

5284

LMH

One Month before High

5462

CMH

Current Month High

5645

4WH

Four Week before High

5457

3WH

Three Week before High

5556

2WH

Two Week before High

5600

1WH

One Week before High

5645

CWH

Current Week High

5619

PDH

Yesterdays High

5619


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

5051

4ML

Four Month before Low

4903

3ML

Three Month before Low

4972

2ML

Two Month before Low

5012

1ML

One Month before Low

5260

CML

Current Month Low

5463

4WL

Four Week before Low

5396

3WL

Three Week before Low

5463

2WL

Two Week before Low

5526

1WL

One Week before Low

5571

CWL

Current Week Low

5575

PDL

Yesterdays Low

5601

Short Term Gold Petal Trend


According to quant's technical analysis mcx gold petal is currently in Up Trend for short term.The below analysis & forecast is valid for tomorrow & current week.

Short Term Gold Petal Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

5621.13

5592.87

5635.27

5652.73

5681

Sell below

5592.87

5621.13

5578.73

5556.61

5533

We also anticipate the commodity gold petal futures to respond on the below support and resistance levels for this week.

Short Term Gold Petal Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

5643

5681

5717

Short Term Gold Petal Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

5569

5533

5495

Long Term Gold Petal Price Trend


Long Term Trend - gold petal is currently in Up Trend for long term. The above forecast is valid for current month.

Gold Petal Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

5425.25

5348.08

5463.83

5511.5

5588.67

Sell below

5348.08

5425.25

5309.5

5249.1

5184.67

In addition, we expect the commodity gold petal futures to respond on the following resistance and support levels for this particular month.

Long Term Gold Petal Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

5513.33

5588.67

5715.33

Long Term Gold Petal Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

5311.33

5184.67

5109.33

Gold Petal Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



5658.5

5623.9

Resistance 3 (R3)

5639.67

5629.33

5640.5

5618.95

Resistance 2 (R2)

5629.33

5622.46

5629.75

5617.3

Resistance 1 (R1)

5621.67

5618.21

5622.5

5615.65

Pivot Point

5611.33

5611.33

5611.75

5611.33

Support 1 (S1)

5603.67

5604.46

5604.5

5612.35

Support 2 (S2)

5593.33

5600.21

5593.75

5610.7

Support 3 (S3)

5585.67

5593.33

5586.5

5609.05

Support 4 (S4)



5568.5

5604.1

Gold Petal Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



5795

5645.7

Weekly R3

5717

5681

5721

5625.35

Weekly R2

5681

5652.73

5683

5618.57

Weekly R1

5643

5635.27

5647

5611.78

Weekly Pivot Point

5607

5607

5609

5607

Weekly S1

5569

5578.73

5573

5598.22

Weekly S2

5533

5561.27

5535

5591.43

Weekly S3

5495

5533

5499

5584.65

Weekly S4



5425

5564.3

Gold Petal Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



5958

5549.1

Monthly R3

5715.33

5588.67

5756

5493.55

Monthly R2

5588.67

5511.5

5609

5475.03

Monthly R1

5513.33

5463.83

5554

5456.52

Monthly Pivot Point

5386.67

5386.67

5407

5386.67

Monthly S1

5311.33

5309.5

5352

5419.48

Monthly S2

5184.67

5261.83

5205

5400.97

Monthly S3

5109.33

5184.67

5150

5382.45

Monthly S4



4948

5326.9

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi commodity exchange of India. Technical trend analysis of gold petal is done every day and updated between 9.15 to 9.30 am on daily basis.