
Pivot (invalidation): 1391.50
Our preference
Long positions above 1391.50 with targets at 1399.00 & 1403.50 in extension.
Alternative scenario
Below 1391.50 look for further downside with 1387.00 & 1381.50 as targets.
Comment
The RSI is mixed and calls for caution.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)