![(12 JULY 2019)Gold spot ($):Key resistance at 1412.00. (12 JULY 2019)Gold spot ($):Key resistance at 1412.00.](https://c.mql5.com/6/836/splash-728069.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
73
Pivot (invalidation): 1412.00
Our preference
Short positions below 1412.00 with targets at 1403.50 & 1400.50 in extension.
Alternative scenario
Above 1412.00 look for further upside with 1419.00 & 1424.00 as targets.
Comment
The RSI has just struck against its neutrality area at 50%.
(By Swissquote TRADING CENTRAL)