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Gold Intraday: the downside prevails
Jul 15, 2026 5:06 AM
short positions below 4060 with targets at 4013 & 3990 in extension.
Pivot: 4060
Our preference:
short positions below 4060 with targets at 4013 & 3990 in extension.
Alternative scenario:
above 4060 look for further upside with 4075 & 4100 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4100 **
4075 **
4060 ***
4037 Last
4013 ***
3990 **
3960 **
Our preference:
short positions below 4060 with targets at 4013 & 3990 in extension.
Alternative scenario:
above 4060 look for further upside with 4075 & 4100 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4100 **
4075 **
4060 ***
4037 Last
4013 ***
3990 **
3960 **
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Gold
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