Pivot (invalidation): 12337.00
Our preference
Short positions below 12337.00 with targets at 12240.00 & 12190.00 in extension.
Alternative scenario
Above 12337.00 look for further upside with 12374.00 & 12420.00 as targets.
Comment
The upward potential is likely to be limited by the resistance at 12337.00. MARKET CLOSED
(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")