Caution.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 0.8750
Our preference
Long positions above 0.8750 with targets at 0.8770 & 0.8780 in extension.
Alternative scenario
Below 0.8750 look for further downside with 0.8730 & 0.8715 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")