Pivot (invalidation): 1.0040
Our preference
Short positions below 1.0040 with targets at 1.0000 & 0.9980 in extension.
Alternative scenario
Above 1.0040 look for further upside with 1.0060 & 1.0080 as targets.
Comment
As Long as 1.0040 is resistance, expect a return to 1.0000.
(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).")
