![(01 OCTOBER 2018)Gold spot ($):The downside prevails (01 OCTOBER 2018)Gold spot ($):The downside prevails](https://c.mql5.com/6/814/splash-721515.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
60
Pivot (invalidation): 1208.00
Our preference
Short positions below 1208.00 with targets at 1196.50 & 1192.50 in extension.
Alternative scenario
Above 1208.00 look for further upside with 1214.00 & 1217.00 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)