[2026-07-02] Gold intraday: choppy.

Description

Pivot: 4075

Our preference: short positions below 4075 with targets at 4005 & 3980 in extension.

Alternative scenario: above 4075 look for further upside with 4100 & 4140 as targets.

Comment: as long as 4075 is resistance, likely decline to 4005.

Supports and resistances:

4140 ***

4100 **

4075 ***

4051 Last

4005 ***

3980 ***

3960 **

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