Pivot (invalidation): 1.2845
Our preference
Short positions below 1.2845 with targets at 1.2780 & 1.2750 in extension.
Alternative scenario
Above 1.2845 look for further upside with 1.2885 & 1.2910 as targets.
Comment
The RSI is mixed with a bearish bias.
(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")