Pivot (invalidation): 1247.50
Our preference
Short positions below 1247.50 with targets at 1240.50 & 1237.50 in extension.
Alternative scenario
Above 1247.50 look for further upside with 1251.00 & 1253.00 as targets.
Comment
The RSI is mixed to bearish.
(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")