![(19 AUGUST 2019)Gold spot ($):Capped by a negative trend line. (19 AUGUST 2019)Gold spot ($):Capped by a negative trend line.](https://c.mql5.com/6/839/splash-729000.jpg)
(19 AUGUST 2019)Gold spot ($):Capped by a negative trend line.
19 August 2019, 09:30
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
51
Pivot
(invalidation): 1517.00
Our preference
Short positions below 1517.00 with targets at 1504.00 & 1496.00 in
extension.
Alternative scenario
Above 1517.00 look for further upside with 1522.00 & 1528.00 as targets.
Comment
The
RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)