MCX Gold Petal Trend - Support and Resistance Levels


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

Last Update: 11/06/21

Trend

Signal

Intraday

Up 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 Up 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

4841.83

4826.17

4849.66

4859.34

4875.00

Sell below

4826.17

4841.83

4818.34

4806.08

4793.00

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

4860.00

4875.00

4901.00

Intraday Gold Petal Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

4819.00

4793.00

4778.00

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

4854.00

Two Days Before High

4850.00

Yesterdays High

4849.00

Pivot

4834.00

Yesterdays Low

4808.00

Two Days Before Low

4833.00

Three Days Before High

4826.00

Earnometer Gold Petal Update:

Earnometer Gold Petal

Important Gold Petal Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

5169.00

4MH

Four Month before High

4942.00

3MH

Three Month before High

4610.00

2MH

Two Month before High

4769.00

LMH

One Month before High

4879.00

CMH

Current Month High

4887.00

4WH

Four Week before High

4772.00

3WH

Three Week before High

4819.00

2WH

Two Week before High

4879.00

1WH

One Week before High

4887.00

CWH

Current Week High

4857.00

PDH

Yesterdays High

4849.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

4756.00

4ML

Four Month before Low

4505.00

3ML

Three Month before Low

4370.00

2ML

Two Month before Low

4460.00

1ML

One Month before Low

4650.00

CML

Current Month Low

4783.00

4WL

Four Week before Low

4693.00

3WL

Three Week before Low

4738.00

2WL

Two Week before Low

4761.00

1WL

One Week before Low

4783.00

CWL

Current Week Low

4808.00

PDL

Yesterdays Low

4808.00

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

4852.53

4812.80

4872.39

4896.94

4936.67

Sell below

4812.80

4852.53

4792.94

4761.84

4728.67

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

4882.33

4936.67

4986.33

Short Term Gold Petal Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

4778.33

4728.67

4674.33

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

4836.07

4748.59

4879.81

4933.86

5021.33

Sell below

4748.59

4836.07

4704.86

4636.38

4563.33

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

4934.67

5021.33

5163.67

Long Term Gold Petal Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

4705.67

4563.33

4476.67

Gold Petal Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



4950.00

4867.55

Resistance 3 (R3)

4901.00

4875.00

4909.00

4856.27

Resistance 2 (R2)

4875.00

4859.34

4879.00

4852.52

Resistance 1 (R1)

4860.00

4849.66

4868.00

4848.76

Pivot Point

4834.00

4834.00

4838.00

4834.00

Support 1 (S1)

4819.00

4818.34

4827.00

4841.24

Support 2 (S2)

4793.00

4808.66

4797.00

4837.48

Support 3 (S3)

4778.00

4793.00

4786.00

4833.73

Support 4 (S4)



4745.00

4822.45

Gold Petal Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



5088.00

4885.20

Weekly R3

4986.33

4936.67

4984.00

4856.60

Weekly R2

4936.67

4896.94

4935.50

4847.07

Weekly R1

4882.33

4872.39

4880.00

4837.53

Weekly Pivot Point

4832.67

4832.67

4831.50

4832.67

Weekly S1

4778.33

4792.94

4776.00

4818.47

Weekly S2

4728.67

4768.39

4727.50

4808.93

Weekly S3

4674.33

4728.67

4672.00

4799.40

Weekly S4



4568.00

4770.80

Gold Petal Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



5426.50

4973.95

Monthly R3

5163.67

5021.33

5197.50

4910.98

Monthly R2

5021.33

4933.86

5038.25

4889.98

Monthly R1

4934.67

4879.81

4968.50

4868.99

Monthly Pivot Point

4792.33

4792.33

4809.25

4792.33

Monthly S1

4705.67

4704.86

4739.50

4827.01

Monthly S2

4563.33

4650.81

4580.25

4806.02

Monthly S3

4476.67

4563.33

4510.50

4785.02

Monthly S4



4281.50

4722.05

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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