4030 is our pivot point.
Our preference: short term rebound towards 4088.
Alternative scenario: the downside breakout of 4030 would call for 4009 and 3997.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Gold is trading under both its 20 and 50 period moving average (respectively at 4054 and 4073).
Supports and resistances:
4100 *
4088 **
4075
4050 last
4030 **
4009 *
3997 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 07-28-2026 at 12:27 UTC+1
Price reference: 4050 last known on 07-28-2026 at 12:27 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf