[2026-06-29] Gold intraday: 4122 expected.

Description

Pivot: 4040

Our preference: long positions above 4040 with targets at 4095 & 4122 in extension.

Alternative scenario: below 4040 look for further downside with 4005 & 3985 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:

4140 **

4122 **

4095 ***

4070 Last

4040 ***

4005 *

3985 **

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