[2026-07-13] Gold intraday: the downside prevails.

Description

Pivot: 4120

Our preference: short positions below 4120 with targets at 4055 & 4021 in extension.

Alternative scenario: above 4120 look for further upside with 4138 & 4164 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

4164 **

4138 **

4120 ***

4073 Last

4055 ***

4021 **

4000 ***

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