
Pivot
(invalidation):
17.1900
Our preference
Short positions below 17.1900 with targets at 17.0300 & 16.9600 in extension.
Alternative scenario
Above
17.1900 look for further upside with 17.2600 & 17.3200 as targets.
Comment
The RSI shows downside momentum.
(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)