Gold Intraday: Aim at 4,023
Jul 28, 2026 7:40 AM
The downside prevails as long as 4,090 is resistance, with 4,023 and 4,005 as targets

Our pivot point is at 4,090.
Our preference:
The downside prevails as long as 4,090 is resistance, with 4,023 and 4,005 as targets
Alternative scenario:
above 4,090, look for 4,119 and 4,137.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 4,055 and 4,073).
Supports and resistances:
4,137 **
4,119 *
4,090 **
4,050 last
4,023
4,005 **
3,987 *
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