[2026-07-14] Gold intraday: the downside prevails.

Description

Pivot: 4030

Our preference: short positions below 4030 with targets at 3960 & 3942 in extension.

Alternative scenario: above 4030 look for further upside with 4050 & 4080 as targets.

Comment: as long as 4030 is resistance, likely decline to 3960.

Supports and resistances:

4080 **

4050 **

4030 ***

4003 Last

3960 ***

3942 **

3900 *

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