
Pivot
(invalidation): 17.1800
Our preference
Short positions below 17.1800 with targets at 17.0000 & 16.8500 in
extension.
Alternative scenario
Above 17.1800 look for further upside with 17.2800 & 17.3800 as targets.
Comment
The
RSI is bearish and calls for further decline
(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)