Pivot (invalidation): 109.70
Our preference
Short positions below 109.70 with targets at 109.10 & 108.85 in extension.
Alternative scenario
Above 109.70 look for further upside with 109.95 & 110.25 as targets.
Comment
The break below 109.70 is a negative signal that has opened a path to 109.10
(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")