Pivot (invalidation): 1.1600
Our preference
Short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.
Alternative scenario
Above 1.1600 look for further upside with 1.1630 & 1.1655 as targets.
Comment
The RSI lacks upward momentum
(By Swissquote TRADING CENTRAL)
![[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")