Pivot (invalidation): 5.4580
Our preference
Short positions below 5.4580 with targets at 5.4400 & 5.4280 in extension.
Alternative scenario
Above 5.4580 look for further upside with 5.4760 & 5.4890 as targets.
Comment
A break below 5.4400 would trigger a drop towards 5.4280
(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")