
Pivot (invalidation): 1272.00
Our preference
Long positions above 1272.00 with targets at 1277.50 & 1279.50 in extension.
Alternative scenario
Below 1272.00 look for further downside with 1269.50 & 1267.50 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)


![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026). [XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg)