Pivot (invalidation): 5.5880
Our preference
Short positions below 5.5880 with targets at 5.5450 & 5.5150 in extension.
Alternative scenario
Above 5.5880 look for further upside with 5.6200 & 5.6470 as targets.
Comment
A break below 5.5450 would trigger a drop towards 5.5150.
(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")