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Gold Intraday: under pressure
Jul 19, 2026 11:30 PM
short positions below 4024 with targets at 3965 & 3942 in extension.
Pivot: 4024
Our preference:
short positions below 4024 with targets at 3965 & 3942 in extension.
Alternative scenario:
above 4024 look for further upside with 4040 & 4071 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
4071 **
4040 **
4024 ***
3993 Last
3965 ***
3942 **
3920 **
Our preference:
short positions below 4024 with targets at 3965 & 3942 in extension.
Alternative scenario:
above 4024 look for further upside with 4040 & 4071 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
4071 **
4040 **
4024 ***
3993 Last
3965 ***
3942 **
3920 **
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