MCX Gold Trend - Support and Resistance Levels


Overall MCX Gold 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 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 significant market turnaround reversal or breakout levels to look out 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 forecasts are valid from intraday to short term to long term.

MCX Gold Trend Today


MCX gold  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.

Gold Market Trend Chart

MCX Gold Trend

Intraday Gold Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

49158.31

48933.69

49270.62

49409.38

49634.00

Sell below

48933.69

49158.31

48821.38

48645.57

48458.00

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

Intraday Gold Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

49417.00

49634.00

50005.00

Intraday Gold Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

48829.00

48458.00

48241.00

Earnometer Gold


Below earnometer gold 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 Levels

Price

Three Days Before High

49350.00

Two Days Before High

49269.00

Yesterdays High

49263.00

Pivot

49046.00

Yesterdays Low

48675.00

Two Days Before Low

49024.00

Three Days Before High

48932.00

Earnometer Gold Update:

Earnometer Gold

Important Gold Level today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

51875.00

4MH

Four Month before High

49370.00

3MH

Three Month before High

46139.00

2MH

Two Month before High

48429.00

LMH

One Month before High

49220.00

CMH

Current Month High

49670.00

4WH

Four Week before High

48144.00

3WH

Three Week before High

48875.00

2WH

Two Week before High

49220.00

1WH

One Week before High

49670.00

CWH

Current Week High

49350.00

PDH

Yesterdays High

49263.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

48511.00

4ML

Four Month before Low

45611.00

3ML

Three Month before Low

43320.00

2ML

Two Month before Low

44650.00

1ML

One Month before Low

46650.00

CML

Current Month Low

48570.00

4WL

Four Week before Low

47211.00

3WL

Three Week before Low

47910.00

2WL

Two Week before Low

48250.00

1WL

One Week before Low

48540.00

CWL

Current Week Low

48675.00

PDL

Yesterdays Low

48675.00

Short Term Gold Trend


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

Short Term Gold Trend

Short Term Gold Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

49152.50

48720.84

49368.33

49635.01

50066.67

Sell below

48720.84

49152.50

48505.01

48167.14

47806.67

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

Short Term Gold Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

49333.34

50066.67

50463.34

Short Term Gold Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

48203.34

47806.67

47073.34

Long Term Gold Price Trend


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

MCX Gold Long Term Price Trend

Gold Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

48711.20

47729.46

49202.07

49808.59

50790.33

Sell below

47729.46

48711.20

47238.59

46470.16

45650.33

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

Long Term Gold Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

49790.66

50790.33

52360.66

Long Term Gold Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

47220.66

45650.33

44650.66

Gold Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



50711.50

49523.40

Resistance 3 (R3)

50005.00

49634.00

50123.50

49361.70

Resistance 2 (R2)

49634.00

49409.38

49693.25

49307.80

Resistance 1 (R1)

49417.00

49270.62

49535.50

49253.90

Pivot Point

49046.00

49046.00

49105.25

49046.00

Support 1 (S1)

48829.00

48821.38

48947.50

49146.10

Support 2 (S2)

48458.00

48682.62

48517.25

49092.20

Support 3 (S3)

48241.00

48458.00

48359.50

49038.30

Support 4 (S4)



47771.50

48876.60

Gold Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



51598.50

49221.50

Weekly R3

50463.34

50066.67

50468.50

48910.75

Weekly R2

50066.67

49635.01

50069.25

48807.17

Weekly R1

49333.34

49368.33

49338.50

48703.58

Weekly Pivot Point

48936.67

48936.67

48939.25

48936.67

Weekly S1

48203.34

48505.01

48208.50

48496.42

Weekly S2

47806.67

48238.33

47809.25

48392.83

Weekly S3

47073.34

47806.67

47078.50

48289.25

Weekly S4



45948.50

47978.50

Gold Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



55279.00

50204.50

Monthly R3

52360.66

50790.33

52709.00

49497.75

Monthly R2

50790.33

49808.59

50964.50

49262.17

Monthly R1

49790.66

49202.07

50139.00

49026.58

Monthly Pivot Point

48220.33

48220.33

48394.50

48220.33

Monthly S1

47220.66

47238.59

47569.00

48555.42

Monthly S2

45650.33

46632.07

45824.50

48319.83

Monthly S3

44650.66

45650.33

44999.00

48084.25

Monthly S4



42429.00

47377.50

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

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