Pivot (invalidation): 2937.00
Our preference
Long positions above 2937.00 with targets at 2953.50 & 2960.50 in extension.
Alternative scenario
Below 2937.00 look for further downside with 2929.25 & 2925.25 as targets.
Comment
The RSI calls for a new upleg.
(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")