Pivot (invalidation): 0.7090
Our preference
Long positions above 0.7090 with targets at 0.7160 & 0.7200 in extension.
Alternative scenario
Below 0.7090 look for further downside with 0.7055 & 0.7030 as targets.
Comment
The RSI is bullish and calls for further advance
(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")