Pivot (invalidation): 12310.00
Our preference
Long positions above 12310.00 with targets at 12440.00 & 12500.00 in extension.
Alternative scenario
Below 12310.00 look for further downside with 12240.00 & 12190.00 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).")
