
Pivot
(invalidation):
1553.00
Our preference
Short positions below 1553.00 with targets at 1534.00 & 1529.00 in extension.
Alternative scenario
Above
1553.00 look for further upside with 1557.00 & 1566.00 as targets.
Comment
The RSI is bearish and calls for further downside.

![[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)