Pivot (invalidation): 0.9780
Our preference
Long positions above 0.9780 with targets at 0.9835 & 0.9860 in extension.
Alternative scenario
Below 0.9780 look for further downside with 0.9765 & 0.9735 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)
![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg "[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).")
