
Pivot (invalidation): 1229.00
Our preference
Short positions below 1229.00 with targets at 1223.00 & 1218.50 in extension.
Alternative scenario
Above 1229.00 look for further upside with 1233.00 & 1236.50 as targets.
Comment
A break below 1223.00 would trigger a drop towards 1218.50.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)