Gold Intraday: choppy

Jul 20, 2026 8:02 PM

long positions above 4002 with targets at 4026 & 4047 in extension.

Pivot: 4002
Our preference:
long positions above 4002 with targets at 4026 & 4047 in extension.
Alternative scenario:
below 4002 look for further downside with 3990 & 3976 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
4059
4047
4026
4010 Last
4002
3990
3976

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