
Pivot (invalidation): 1.1615
Our preference
Long positions above 1.1615 with targets at 1.1675 & 1.1690 in extension.
Alternative scenario
Below 1.1615 look for further downside with 1.1595 & 1.1570 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards [iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards](https://c.mql5.com/6/1035/splash-preview-777232.png)
