MCX Gold Trend - Support and Resistance Levels


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

Last Update: 22/10/21

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

47489.56

47391.77

47538.46

47598.88

47696.67

Sell below

47391.77

47489.56

47342.88

47266.33

47184.67

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

47541.34

47696.67

47797.34

Intraday Gold Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

47285.34

47184.67

47029.34

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

47645.00

Two Days Before High

47576.00

Yesterdays High

47596.00

Pivot

47440.67

Yesterdays Low

47340.00

Two Days Before Low

47261.00

Three Days Before High

47231.00

Earnometer Gold Update:

Earnometer Gold

Important Gold Level today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

49443.00

4MH

Four Month before High

49670.00

3MH

Three Month before High

48501.00

2MH

Two Month before High

48299.00

LMH

One Month before High

47598.00

CMH

Current Month High

48100.00

4WH

Four Week before High

46799.00

3WH

Three Week before High

46436.00

2WH

Two Week before High

47370.00

1WH

One Week before High

48100.00

CWH

Current Week High

47645.00

PDH

Yesterdays High

47596.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

46650.00

4ML

Four Month before Low

46330.00

3ML

Three Month before Low

46903.00

2ML

Two Month before Low

45662.00

1ML

One Month before Low

45479.00

CML

Current Month Low

46155.00

4WL

Four Week before Low

45787.00

3WL

Three Week before Low

45479.00

2WL

Two Week before Low

46354.00

1WL

One Week before Low

46864.00

CWL

Current Week Low

47169.00

PDL

Yesterdays Low

47340.00

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

47628.74

47156.59

47864.82

48156.52

48628.67

Sell below

47156.59

47628.74

46920.52

46550.95

46156.67

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

47921.34

48628.67

49157.34

Short Term Gold Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

46685.34

46156.67

45449.34

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

46872.40

46062.94

47277.13

47777.21

48586.67

Sell below

46062.94

46872.40

45658.21

45024.63

44348.67

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

47456.34

48586.67

49575.34

Long Term Gold Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

45337.34

44348.67

43218.34

Gold Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



48110.50

47526.80

Resistance 3 (R3)

47797.34

47696.67

47854.50

47456.40

Resistance 2 (R2)

47696.67

47598.88

47725.25

47432.93

Resistance 1 (R1)

47541.34

47538.46

47598.50

47409.46

Pivot Point

47440.67

47440.67

47469.25

47440.67

Support 1 (S1)

47285.34

47342.88

47342.50

47362.54

Support 2 (S2)

47184.67

47282.46

47213.25

47339.07

Support 3 (S3)

47029.34

47184.67

47086.50

47315.60

Support 4 (S4)



46830.50

47245.20

Gold Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



50307.00

47893.80

Weekly R3

49157.34

48628.67

49071.00

47553.90

Weekly R2

48628.67

48156.52

48585.50

47440.60

Weekly R1

47921.34

47864.82

47835.00

47327.30

Weekly Pivot Point

47392.67

47392.67

47349.50

47392.67

Weekly S1

46685.34

46920.52

46599.00

47100.70

Weekly S2

46156.67

46628.82

46113.50

46987.40

Weekly S3

45449.34

46156.67

45363.00

46874.10

Weekly S4



44127.00

46534.20

Gold Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



51585.50

47491.45

Monthly R3

49575.34

48586.67

49466.50

46908.73

Monthly R2

48586.67

47777.21

48532.25

46714.48

Monthly R1

47456.34

47277.13

47347.50

46520.24

Monthly Pivot Point

46467.67

46467.67

46413.25

46467.67

Monthly S1

45337.34

45658.21

45228.50

46131.76

Monthly S2

44348.67

45158.13

44294.25

45937.52

Monthly S3

43218.34

44348.67

43109.50

45743.27

Monthly S4



40990.50

45160.55

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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