Pivot (invalidation): 3011.00
Our preference
Long positions above 3011.00 with targets at 3041.00 & 3052.00 in extension.
Alternative scenario
Below 3011.00 look for further downside with 2997.00 & 2984.00 as targets.
Comment
The RSI is bullish and calls for further upside
(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")