[2026-07-17] Gold intraday: watch 3942.

Description

Pivot: 4015

Our preference: short positions below 4015 with targets at 3942 & 3900 in extension.

Alternative scenario: above 4015 look for further upside with 4040 & 4071 as targets.

Comment: as long as 4015 is resistance, likely decline to 3942.

Supports and resistances:

4071 **

4040 **

4015 ***

3987 Last

3942 ***

3900 **

3860 *

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