![(04 FEBRUARY 2019)Gold spot ($):The downside prevails. (04 FEBRUARY 2019)Gold spot ($):The downside prevails.](https://c.mql5.com/6/824/splash-724432.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
59
Pivot (invalidation): 1319.50
Our preference
Short positions below 1319.50 with targets at 1309.00 & 1305.50 in extension.
Alternative scenario
Above 1319.50 look for further upside with 1323.50 & 1326.00 as targets.
Comment
The RSI shows downside momentum.
(By Swissquote TRADING CENTRAL)