Pivot (invalidation): 1.1370
Our preference
Long positions above 1.1370 with targets at 1.1395 & 1.1410 in extension.
Alternative scenario
Below 1.1370 look for further downside with 1.1350 & 1.1335 as targets.
Comment
The RSI lacks downward momentum
(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")