MCX Gold Trend - Support and Resistance Levels


Overall MCX Gold 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 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

50945.55

50782.45

51027.11

51127.89

51291

Sell below

50782.45

50945.55

50700.89

50573.21

50437

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

51023

51291

51450

Intraday Gold Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

50596

50437

50169

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

51156

Two Days Before High

51246

Yesterdays High

51132

Pivot

50864

Yesterdays Low

50705

Two Days Before Low

50910

Three Days Before High

50808

Earnometer Gold Update:

Earnometer Gold

Important Gold Level today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

48785

4MH

Four Month before High

48912

3MH

Three Month before High

52797

2MH

Two Month before High

55558

LMH

One Month before High

53663

CMH

Current Month High

51557

4WH

Four Week before High

52115

3WH

Three Week before High

51557

2WH

Two Week before High

51386

1WH

One Week before High

50860

CWH

Current Week High

51246

PDH

Yesterdays High

51132


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

46388

4ML

Four Month before Low

47300

3ML

Three Month before Low

47050

2ML

Two Month before Low

50354

1ML

One Month before Low

50828

CML

Current Month Low

49572

4WL

Four Week before Low

50828

3WL

Three Week before Low

50481

2WL

Two Week before Low

49683

1WL

One Week before Low

49572

CWL

Current Week Low

50705

PDL

Yesterdays Low

50705

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

50671.68

50179.66

50917.68

51221.65

51713.67

Sell below

50179.66

50671.68

49933.65

49548.54

49137.67

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

51279.34

51713.67

52567.34

Short Term Gold Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

49991.34

49137.67

48703.34

Long Term Gold Price Trend


Long Term Trend - Gold is currently in Down 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

52625.15

51542.18

53166.64

53835.7

54918.67

Sell below

51542.18

52625.15

51000.7

50153.03

49248.67

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

53339.34

54918.67

56174.34

Long Term Gold Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

50504.34

49248.67

47669.34

Gold Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



51865

50989.85

Resistance 3 (R3)

51450

51291

51438

50872.43

Resistance 2 (R2)

51291

51127.89

51285

50833.29

Resistance 1 (R1)

51023

51027.11

51011

50794.14

Pivot Point

50864

50864

50858

50864

Support 1 (S1)

50596

50700.89

50584

50715.86

Support 2 (S2)

50437

50600.11

50431

50676.71

Support 3 (S3)

50169

50437

50157

50637.57

Support 4 (S4)



49730

50520.15

Gold Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



54091

51553.4

Weekly R3

52567.34

51713.67

52803

51199.2

Weekly R2

51713.67

51221.65

51831.5

51081.13

Weekly R1

51279.34

50917.68

51515

50963.07

Weekly Pivot Point

50425.67

50425.67

50543.5

50425.67

Weekly S1

49991.34

49933.65

50227

50726.93

Weekly S2

49137.67

49629.68

49255.5

50608.87

Weekly S3

48703.34

49137.67

48939

50490.8

Weekly S4



47651

50136.6

Gold Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



58602.5

53319.25

Monthly R3

56174.34

54918.67

55767.5

52539.63

Monthly R2

54918.67

53835.7

54715.25

52279.75

Monthly R1

53339.34

53166.64

52932.5

52019.88

Monthly Pivot Point

52083.67

52083.67

51880.25

52083.67

Monthly S1

50504.34

51000.7

50097.5

51500.13

Monthly S2

49248.67

50331.64

49045.25

51240.25

Monthly S3

47669.34

49248.67

47262.5

50980.38

Monthly S4



44427.5

50200.75

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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