MCX Gold Petal Trend - Support and Resistance Levels


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

Last Update: 26/05/22

Trend

Signal

Intraday

Down Trend

Short Term

Up Trend

Long Term

Down 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

5096.45

5081.55

5103.9

5113.1

5128

Sell below

5081.55

5096.45

5074.1

5062.44

5050

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

5102

5128

5141

Intraday Gold Petal Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

5063

5050

5024

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

5120

Two Days Before High

5122

Yesterdays High

5115

Pivot

5089

Yesterdays Low

5076

Two Days Before Low

5103

Three Days Before High

5094

Earnometer Gold Petal Update:

Earnometer Gold Petal

Important Gold Petal Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

4865

4MH

Four Month before High

4884

3MH

Three Month before High

5240

2MH

Two Month before High

5546

LMH

One Month before High

5327

CMH

Current Month High

5184

4WH

Four Week before High

5201

3WH

Three Week before High

5184

2WH

Two Week before High

5153

1WH

One Week before High

5097

CWH

Current Week High

5122

PDH

Yesterdays High

5115


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

4753

4ML

Four Month before Low

4757

3ML

Three Month before Low

4776

2ML

Two Month before Low

5060

1ML

One Month before Low

5090

CML

Current Month Low

4998

4WL

Four Week before Low

5090

3WL

Three Week before Low

5080

2WL

Two Week before Low

5010

1WL

One Week before Low

4998

CWL

Current Week Low

5076

PDL

Yesterdays Low

5076

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

5079.91

5042.09

5098.82

5122.18

5160

Sell below

5042.09

5079.91

5023.18

4993.58

4962

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

5124

5160

5223

Short Term Gold Petal Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

5025

4962

4926

Long Term Gold Petal Price Trend


Long Term Trend - gold petal is currently in Down 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

5239.6

5149.07

5284.87

5340.8

5431.33

Sell below

5149.07

5239.6

5103.8

5032.94

4957.33

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

5298.67

5431.33

5535.67

Long Term Gold Petal Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

5061.67

4957.33

4824.67

Gold Petal Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



5179.5

5097.45

Resistance 3 (R3)

5141

5128

5140.5

5086.73

Resistance 2 (R2)

5128

5113.1

5127.75

5083.15

Resistance 1 (R1)

5102

5103.9

5101.5

5079.58

Pivot Point

5089

5089

5088.75

5089

Support 1 (S1)

5063

5074.1

5062.5

5072.42

Support 2 (S2)

5050

5064.9

5049.75

5068.85

Support 3 (S3)

5024

5050

5023.5

5065.27

Support 4 (S4)



4984.5

5054.55

Gold Petal Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



5341.5

5142.45

Weekly R3

5223

5160

5242.5

5115.23

Weekly R2

5160

5122.18

5169.75

5106.15

Weekly R1

5124

5098.82

5143.5

5097.08

Weekly Pivot Point

5061

5061

5070.75

5061

Weekly S1

5025

5023.18

5044.5

5078.92

Weekly S2

4962

4999.82

4971.75

5069.85

Weekly S3

4926

4962

4945.5

5060.77

Weekly S4



4846.5

5033.55

Gold Petal Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



5761

5296.35

Monthly R3

5535.67

5431.33

5524

5231.17

Monthly R2

5431.33

5340.8

5425.5

5209.45

Monthly R1

5298.67

5284.87

5287

5187.73

Monthly Pivot Point

5194.33

5194.33

5188.5

5194.33

Monthly S1

5061.67

5103.8

5050

5144.27

Monthly S2

4957.33

5047.87

4951.5

5122.55

Monthly S3

4824.67

4957.33

4813

5100.83

Monthly S4



4576

5035.65

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.

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