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Gold Intraday: watch 3942
Jul 17, 2026 1:05 AM
short positions below 4015 with targets at 3942 & 3900 in extension.
Pivot: 4015
Our preference:
short positions below 4015 with targets at 3942 & 3900 in extension.
Alternative scenario:
above 4015 look for further upside with 4040 & 4071 as targets.
Comment:
as long as 4015 is resistance, likely decline to 3942.
Supports and resistances:
4071 **
4040 **
4015 ***
3987 Last
3942 ***
3900 **
3860 *
Our preference:
short positions below 4015 with targets at 3942 & 3900 in extension.
Alternative scenario:
above 4015 look for further upside with 4040 & 4071 as targets.
Comment:
as long as 4015 is resistance, likely decline to 3942.
Supports and resistances:
4071 **
4040 **
4015 ***
3987 Last
3942 ***
3900 **
3860 *
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Gold
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