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Gold Intraday: the bias remains bullish
Jun 28, 2026 11:32 PM
long positions above 4040 with targets at 4095 & 4122 in extension.
Pivot: 4040
Our preference:
long positions above 4040 with targets at 4095 & 4122 in extension.
Alternative scenario:
below 4040 look for further downside with 4005 & 3985 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4140 **
4122 **
4095 ***
4056 Last
4040 ***
4005 *
3985 **
Our preference:
long positions above 4040 with targets at 4095 & 4122 in extension.
Alternative scenario:
below 4040 look for further downside with 4005 & 3985 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4140 **
4122 **
4095 ***
4056 Last
4040 ***
4005 *
3985 **
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