MCX Gold Trend - Support and Resistance Levels


Overall MCX Gold 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 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 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.

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

57020.18

56886.48

57087.03

57169.63

57303.33

Sell below

56886.48

57020.18

56819.63

56714.98

56603.33

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

57131.66

57303.33

57481.66

Intraday Gold Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

56781.66

56603.33

56431.66

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

56850

Two Days Before High

56920

Yesterdays High

57125

Pivot

56953.33

Yesterdays Low

56775

Two Days Before Low

56514

Three Days Before High

56560

Earnometer Gold Update:

Earnometer Gold

Important Gold Level today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

53113

4MH

Four Month before High

50780

3MH

Three Month before High

52120

2MH

Two Month before High

53200

LMH

One Month before High

55365

CMH

Current Month High

57125

4WH

Four Week before High

55365

3WH

Three Week before High

56010

2WH

Two Week before High

56370

1WH

One Week before High

56850

CWH

Current Week High

57125

PDH

Yesterdays High

57125


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

50333

4ML

Four Month before Low

48951

3ML

Three Month before Low

49808

2ML

Two Month before Low

50000

1ML

One Month before Low

52819

CML

Current Month Low

55040

4WL

Four Week before Low

54520

3WL

Three Week before Low

55040

2WL

Two Week before Low

55522

1WL

One Week before Low

56122

CWL

Current Week Low

56514

PDL

Yesterdays Low

56775

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

56687.72

56409.62

56826.77

56998.57

57276.67

Sell below

56409.62

56687.72

56270.57

56052.9

55820.67

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

56975.34

57276.67

57703.34

Short Term Gold Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

56247.34

55820.67

55519.34

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

54871.62

53899.05

55357.9

55958.76

56931.33

Sell below

53899.05

54871.62

53412.76

52651.51

51839.33

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

55951.66

56931.33

58497.66

Long Term Gold Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

53405.66

51839.33

50859.66

Gold Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



57825

57152.5

Resistance 3 (R3)

57481.66

57303.33

57475

57056.25

Resistance 2 (R2)

57303.33

57169.63

57300

57024.17

Resistance 1 (R1)

57131.66

57087.03

57125

56992.08

Pivot Point

56953.33

56953.33

56950

56953.33

Support 1 (S1)

56781.66

56819.63

56775

56927.92

Support 2 (S2)

56603.33

56737.03

56600

56895.83

Support 3 (S3)

56431.66

56603.33

56425

56863.75

Support 4 (S4)



56075

56767.5

Gold Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



58532.5

57074.4

Weekly R3

57703.34

57276.67

57804.5

56874.2

Weekly R2

57276.67

56998.57

57327.25

56807.46

Weekly R1

56975.34

56826.77

57076.5

56740.73

Weekly Pivot Point

56548.67

56548.67

56599.25

56548.67

Weekly S1

56247.34

56270.57

56348.5

56607.27

Weekly S2

55820.67

56098.77

55871.25

56540.54

Weekly S3

55519.34

55820.67

55620.5

56473.8

Weekly S4



54892.5

56273.6

Gold Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



61377

56372.3

Monthly R3

58497.66

56931.33

58831

55672.15

Monthly R2

56931.33

55958.76

57098

55438.77

Monthly R1

55951.66

55357.9

56285

55205.38

Monthly Pivot Point

54385.33

54385.33

54552

54385.33

Monthly S1

53405.66

53412.76

53739

54738.62

Monthly S2

51839.33

52811.9

52006

54505.23

Monthly S3

50859.66

51839.33

51193

54271.85

Monthly S4



48647

53571.7

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.