
Pivot
(invalidation): 1.1830
Our preference
Short positions below 1.1830 with targets at 1.1785 & 1.1760 in extension.
Alternative scenario
Above 1.1830 look for further upside with 1.1850 & 1.1865 as targets.
Comment
A break below 1.1785 would trigger a drop towards 1.1760.
(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)