![(23 AUGUST 2018)Gold spot ($):The downside prevails. (23 AUGUST 2018)Gold spot ($):The downside prevails.](https://c.mql5.com/6/811/splash-720517.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
65
Pivot (invalidation): 1194.50
Our preference
Short positions below 1194.50 with targets at 1187.50 & 1184.00 in extension.
Alternative scenario
Above 1194.50 look for further upside with 1199.00 & 1201.75 as targets.
Comment
The RSI is mixed to bearish
(By Swissquote TRADING CENTRAL)