![(20 AUGUST 2019)Gold spot ($) Capped by a negative trend line. (20 AUGUST 2019)Gold spot ($) Capped by a negative trend line.](https://c.mql5.com/6/839/splash-729031.jpg)
(20 AUGUST 2019)Gold spot ($) Capped by a negative trend line.
20 August 2019, 09:23
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
74
Pivot
(invalidation):
1503.00
Our preference
Short positions below 1503.00 with targets at 1492.00 & 1485.00 in extension.
Alternative scenario
Above
1503.00 look for further upside with 1510.00 & 1515.00 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.
(By Swissquote TRADING CENTRAL)