Gold intraday : Watching for a Trigger Below Support

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20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-07-28 07:01Source:TC

Our pivot point is at 4,090.

Our preference: The downside prevails as long as 4,090 is resistance, with 4,023 and 4,005 as targets

Alternative scenario: above 4,090, look for 4,119 and 4,137.

Comment: Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below it may extend the current decline.

Supports and resistances:

4,137 **

4,119 *

4,090 **

4,042 last

4,023

4,005 **

3,987 *

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-28-2026 at 07:01 UTC+1

Price reference: 4042 last known on 07-28-2026 at 07:01 UTC+1

Investment horizon: INTRADAY

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