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Gold Intraday: under pressure
Jun 29, 2026 11:08 AM
short positions below 4075 with targets at 4010 & 3990 in extension.
Pivot: 4075
Our preference:
short positions below 4075 with targets at 4010 & 3990 in extension.
Alternative scenario:
above 4075 look for further upside with 4095 & 4122 as targets.
Comment:
a break below 4010 would trigger a drop towards 3990.
Supports and resistances:
4122 **
4095 ***
4075 ***
4038 Last
4010 ***
3990 ***
3965 ***
Our preference:
short positions below 4075 with targets at 4010 & 3990 in extension.
Alternative scenario:
above 4075 look for further upside with 4095 & 4122 as targets.
Comment:
a break below 4010 would trigger a drop towards 3990.
Supports and resistances:
4122 **
4095 ***
4075 ***
4038 Last
4010 ***
3990 ***
3965 ***
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Gold
4346.85
4.1300000000001
+9.50%