Pivot (invalidation): 12600.00
Our preference
Short positions below 12600.00 with targets at 12487.00 & 12440.00 in extension.
Alternative scenario
Above 12600.00 look for further upside with 12650.00 & 12690.00 as targets.
Comment
The RSI is below its neutrality area at 50% but reversing up.
(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")