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Gold Intraday: turning down
Jul 15, 2026 3:47 PM
short positions below 4075 with targets at 4013 & 3990 in extension.
Pivot: 4075
Our preference:
short positions below 4075 with targets at 4013 & 3990 in extension.
Alternative scenario:
above 4075 look for further upside with 4100 & 4120 as targets.
Comment:
the index currently faces a challenging resistance area at 4075.
Supports and resistances:
4120 **
4100 **
4075 ***
4050 Last
4013 ***
3990 **
3960 **
Our preference:
short positions below 4075 with targets at 4013 & 3990 in extension.
Alternative scenario:
above 4075 look for further upside with 4100 & 4120 as targets.
Comment:
the index currently faces a challenging resistance area at 4075.
Supports and resistances:
4120 **
4100 **
4075 ***
4050 Last
4013 ***
3990 **
3960 **
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Gold
4347.01
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