
Pivot
(invalidation): 1.1860
Our preference
Short positions below 1.1860 with targets at 1.1825 & 1.1805 in extension.
Alternative scenario
Above 1.1860 look for further upside with 1.1880 & 1.1900 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)