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Gold Intraday: towards 4055
Jul 7, 2026 11:32 PM
short positions below 4135 with targets at 4075 & 4055 in extension.
Pivot: 4135
Our preference:
short positions below 4135 with targets at 4075 & 4055 in extension.
Alternative scenario:
above 4135 look for further upside with 4165 & 4185 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
4185 **
4165 **
4135 ***
4104 Last
4075 **
4055 **
4030 **
Our preference:
short positions below 4135 with targets at 4075 & 4055 in extension.
Alternative scenario:
above 4135 look for further upside with 4165 & 4185 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
4185 **
4165 **
4135 ***
4104 Last
4075 **
4055 **
4030 **
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