4007 is our pivot point.
Our preference: short term rebound towards 4067.
Alternative scenario: the downside breakout of 4007 would call for 3987 and 3974.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Gold is trading above its 20 period moving average (4025) but under its 50 period moving average (4032).
Supports and resistances:
4079 *
4067 **
4054
4025 last
4007 **
3987 *
3974 **
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 07-29-2026 at 12:14 UTC+1
Price reference: 4025 last known on 07-29-2026 at 12:14 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