Gold Pivot Points Strategy

MCX Intermediate GOLD GOLDM GOLDPETAL

Works in Both Trending and Range-Bound Markets

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Quick Reference

Strategy Type Support/Resistance Based Trading Using Calculated Pivot Levels
Market Outlook Works in Both Trending and Range-Bound Markets
Risk Profile Moderate - Pre-Defined Levels Provide Clear Risk Parameters
Reward Profile 1:1.5 to 1:3 Trading Between Pivot Levels
Time Horizon Intraday to Short-Term Swing (1-3 Days)
Capital Requirement Medium (Suitable for All Account Sizes)
Margin Type MIS for Intraday, NRML for Overnight
Best Used When Price respects pivot levels, clear trend or range established, volume confirms level reactions

When to Use This Strategy

Price respects pivot levels, clear trend or range established, volume confirms level reactions

India-Specific Notes

Contract Specifications

GOLD 1 kg lot size - Best for pivot trading due to tight spreads at key levels
GOLDM 100 grams lot size - Good for medium capital pivot strategies
GOLDPETAL 1 gram lot size - Suitable for learning pivot concepts

Session Considerations

Pivot Calculation Use prior day's High, Low, Close (MCX session)
Weekly Pivots Calculate from Monday 9 AM to Friday 11:30 PM data
Monthly Pivots Use calendar month MCX data

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