Pivot (invalidation): 1320.00
Our preference
Short positions below 1320.00 with targets at 1310.00 & 1305.00 in extension.
Alternative scenario
Above 1320.00 look for further upside with 1324.00 & 1327.50 as targets.
Comment
The RSI shows downside momentum
(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")