Pivot (invalidation): 1.2905
Our preference
Long positions above 1.2905 with targets at 1.2955 & 1.2980 in extension.
Alternative scenario
Below 1.2905 look for further downside with 1.2880 & 1.2860 as targets.
Comment
The RSI is supported by a rising trend line.
(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).")