(04 SEPTEMBER 2018)Gold spot ($):The downside prevails.
4 September 2018, 09:55
0
107

Pivot (invalidation): 1204.50
Our preference
Short positions below 1204.50 with targets at 1195.50 & 1192.00 in extension.
Alternative scenario
Above 1204.50 look for further upside with 1209.00 & 1212.00 as targets.
Comment
The RSI is mixed to bearish.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)