The downside prevails.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 109.80
Our preference
Short positions below 109.80 with targets at 109.35 & 109.00 in extension.
Alternative scenario
Above 109.80 look for further upside with 110.05 & 110.20 as targets.
Comment
The RSI has broken down its 30 level.
![[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")