Gold intraday: consolidation.

Limited Decrease
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20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-07-23 08:50Source:TC

Pivot: 4145

Our preference: short positions below 4145 with targets at 4107 & 4085 in extension.

Alternative scenario: above 4145 look for further upside with 4165 & 4180 as targets.

Comment: as long as 4145 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

4180 **

4165 ***

4145 ***

4121 Last

4107 ***

4085 **

4065 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-23-2026 at 08:50 UTC+1

Price reference: 4121 last known on 07-23-2026 at 08:50 UTC+1

Investment horizon: INTRADAY

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