Pivot (invalidation): 110.90
Our preference
Long positions above 110.90 with targets at 111.25 & 111.40 in extension.
Alternative scenario
Below 110.90 look for further downside with 110.75 & 110.60 as targets.
Comment
A support base at 110.90 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
![[XAUUSD]: Weekly Liquidity Activation Points (timings), June 29 - July 3, 2026](https://c.mql5.com/6/1014/splash-preview-772062.png "[XAUUSD]: Weekly Liquidity Activation Points (timings), June 29 - July 3, 2026")
