Pivot (invalidation): 11994.00
Our preference
Long positions above 11994.00 with targets at 12230.00 & 12330.00 in extension.
Alternative scenario
Below 11994.00 look for further downside with 11920.00 & 11844.00 as targets.
Comment
The RSI lacks momentum
(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")