(19 AUGUST 2019)Gold spot ($):Capped by a negative trend line.
19 August 2019, 09:30
0
111
Pivot
(invalidation): 1517.00
Our preference
Short positions below 1517.00 with targets at 1504.00 & 1496.00 in
extension.
Alternative scenario
Above 1517.00 look for further upside with 1522.00 & 1528.00 as targets.
Comment
The
RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")