
Pivot (invalidation): 0.6970
Our preference
Short positions below 0.6970 with targets at 0.6950 & 0.6935 in extension.
Alternative scenario
Above 0.6970 look for further upside with 0.6980 & 0.6990 as targets.
Comment
A break below 0.6950 would trigger a drop towards 0.6935.
(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)
