Pivot (invalidation): 1.2990
Our preference
Short positions below 1.2990 with targets at 1.2940 & 1.2900 in extension.
Alternative scenario
Above 1.2990 look for further upside with 1.3015 & 1.3040 as targets.
Comment
A break below 1.2940 would trigger a drop towards 1.2900
(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")