Pivot (invalidation): 5.7830
Our preference
Long positions above 5.7830 with targets at 5.8290 & 5.8570 in extension.
Alternative scenario
Below 5.7830 look for further downside with 5.7500 & 5.7280 as targets.
Comment
A support base at 5.7830 has formed and has allowed for a temporary stabilisation
(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")