0
94
Pivot (invalidation): 16.1000
Our preference
Short positions below 16.1000 with targets at 15.9400 & 15.8400 in extension.
Alternative scenario
Above 16.1000 look for further upside with 16.1400 & 16.2100 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")