Pivot (invalidation): 1.1365
Our preference
Long positions above 1.1365 with targets at 1.1415 & 1.1435 in extension.
Alternative scenario
Below 1.1365 look for further downside with 1.1315 & 1.1280 as targets.
Comment
The RSI is mixed with a bullish bias.
(By Swissquote TRADING CENTRAL)
![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg "[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).")