Caution.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 1.3245
Our preference
Long positions above 1.3245 with targets at 1.3275 & 1.3295 in extension.
Alternative scenario
Below 1.3245 look for further downside with 1.3215 & 1.3180 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")
![[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")