Gold Intraday: key resistance at 4015

Jul 16, 2026 11:30 PM

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 ***
3979 Last
3942 ***
3900 **
3860 *

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