Pivot (invalidation): 1.2960
Our preference
Short positions below 1.2960 with targets at 1.2900 & 1.2875 in extension.
Alternative scenario
Above 1.2960 look for further upside with 1.2975 & 1.2995 as targets.
Comment
The RSI advocates for further downside.
(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")
