Pivot (invalidation): 1.2800
Our preference
Long positions above 1.2800 with targets at 1.2860 & 1.2895 in extension.
Alternative scenario
Below 1.2800 look for further downside with 1.2760 & 1.2740 as targets.
Comment
The RSI is bullish and calls for further advance
(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")