Pivot (invalidation): 0.7285
Our preference
Short positions below 0.7285 with targets at 0.7245 & 0.7225 in extension.
Alternative scenario
Above 0.7285 look for further upside with 0.7310 & 0.7335 as targets.
Comment
The index currently faces a challenging resistance area at 0.7285.
(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")