Pivot (invalidation): 110.30
Our preference
Long positions above 110.30 with targets at 110.80 & 111.10 in extension.
Alternative scenario
Below 110.30 look for further downside with 110.10 & 109.90 as targets.
Comment
The RSI is bullish and calls for further advance.
(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")