Pivot (invalidation): 109.70
Our preference
Long positions above 109.70 with targets at 110.05 & 110.30 in extension.
Alternative scenario
Below 109.70 look for further downside with 109.50 & 109.35 as targets.
Comment
The break above 109.70 is a positive signal that has opened a path to 110.05.
(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")