Pivot (invalidation): 1.2545
Our preference
Short @ 1.2510 with targets @ 1.2480 & 1.2450 in extension.
Alternative scenario
Above 1.2545 look for further upside with 1.2580 & 1.2640 as targets.
Comment
As Long as 1.2545 is resistance, likely decline to 1.2480.
(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")