[2026-07-01] Gold intraday: the downside prevails.

Description

Pivot: 4035

Our preference: short positions below 4035 with targets at 3975 & 3943 in extension.

Alternative scenario: above 4035 look for further upside with 4065 & 4095 as targets.

Comment: as long as 4035 is resistance, expect a return to 3975.

Supports and resistances:

4095 ***

4065 ***

4035 ***

3996 Last

3975 ***

3943 ***

3900 **

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