Pivot (invalidation): 66.30
Our preference
Long positions above 66.30 with targets at 67.45 & 68.00 in extension.
Alternative scenario
Below 66.30 look for further downside with 65.75 & 65.35 as targets.
Comment
The RSI has broken up its 30 level. Crude Oil rebounds after hitting the July 18 low at 66.3.
(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")