Pivot (invalidation): 1.3425
Our preference
Short positions below 1.3425 with targets at 1.3320 & 1.3265 in extension.
Alternative scenario
Above 1.3425 look for further upside with 1.3465 & 1.3500 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
![[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")