Pivot (invalidation): 0.7275
Our preference
Short positions below 0.7275 with targets at 0.7225 & 0.7205 in extension.
Alternative scenario
Above 0.7275 look for further upside with 0.7295 & 0.7325 as targets.
Comment
The RSI advocates for further decline.
(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")