Pivot (invalidation): 5.5770
Our preference
Long positions above 5.5770 with targets at 5.6600 & 5.7040 in extension.
Alternative scenario
Below 5.5770 look for further downside with 5.5410 & 5.5100 as targets.
Comment
The RSI is bullish and calls for further upside
(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")