Pivot (invalidation): 109.35
Our preference
Long positions above 109.35 with targets at 109.80 & 110.05 in extension.
Alternative scenario
Below 109.35 look for further downside with 109.00 & 108.75 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards](https://c.mql5.com/6/1035/splash-preview-777232.png "[iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards")
