![(17 August 2020)Gold spot ($) Capped by a negative trend line. (17 August 2020)Gold spot ($) Capped by a negative trend line.](https://c.mql5.com/6/870/splash-738939.jpg)
(17 August 2020)Gold spot ($) Capped by a negative trend line.
17 August 2020, 09:17
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
76
Pivot
(invalidation): 1956.00
Our preference
Short positions below 1956.00 with targets at 1920.00 & 1906.00 in extension.
Alternative scenario
Above 1956.00 look for further upside with 1966.00 & 1983.00 as targets.
Comment
The RSI is mixed to bearish.
(By Swissquote TRADING CENTRAL)