
Pivot (invalidation): 1294.50
Our preference
Short positions below 1294.50 with targets at 1285.25 & 1281.00 in extension.
Alternative scenario
Above 1294.50 look for further upside with 1297.00 & 1300.00 as targets.
Comment
As Long as 1294.50 is resistance, expect a return to 1285.25.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)