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Gold Intraday: choppy
Jul 2, 2026 1:07 AM
short positions below 4075 with targets at 4005 & 3980 in extension.
Pivot: 4075
Our preference:
short positions below 4075 with targets at 4005 & 3980 in extension.
Alternative scenario:
above 4075 look for further upside with 4100 & 4140 as targets.
Comment:
as long as 4075 is resistance, likely decline to 4005.
Supports and resistances:
4140 ***
4100 **
4075 ***
4051 Last
4005 ***
3980 ***
3960 **
Our preference:
short positions below 4075 with targets at 4005 & 3980 in extension.
Alternative scenario:
above 4075 look for further upside with 4100 & 4140 as targets.
Comment:
as long as 4075 is resistance, likely decline to 4005.
Supports and resistances:
4140 ***
4100 **
4075 ***
4051 Last
4005 ***
3980 ***
3960 **
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