
Pivot
(invalidation):
5.7550
Our preference
Long positions above 5.7550 with targets at 5.7880 & 5.8130 in extension.
Alternative scenario
Below
5.7550 look for further downside with 5.7350 & 5.7120 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited
(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)