Pivot (invalidation): 68.90
Our preference
Short positions below 68.90 with targets at 68.25 & 67.95 in extension.
Alternative scenario
Above 68.90 look for further upside with 69.30 & 69.65 as targets.
Comment
As Long as 68.90 is resistance, look for choppy price action 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")