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Gold Intraday: key resistance at 4020
Jun 25, 2026 11:20 AM
short positions below 4020 with targets at 3940 & 3900 in extension.
Pivot: 4020
Our preference:
short positions below 4020 with targets at 3940 & 3900 in extension.
Alternative scenario:
above 4020 look for further upside with 4050 & 4090 as targets.
Comment:
as long as 4020 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4090 **
4050 **
4020 ***
3982 Last
3940 ***
3900 *
3820 *
Our preference:
short positions below 4020 with targets at 3940 & 3900 in extension.
Alternative scenario:
above 4020 look for further upside with 4050 & 4090 as targets.
Comment:
as long as 4020 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4090 **
4050 **
4020 ***
3982 Last
3940 ***
3900 *
3820 *
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