Pivot (invalidation): 1.2530
Our preference
Short positions below 1.2530 with targets at 1.2500 & 1.2480 in extension.
Alternative scenario
Above 1.2530 look for further upside with 1.2540 & 1.2560 as targets.
Comment
A break below 1.2500 would trigger a drop towards 1.2480.
(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")