Pivot
(invalidation):
1.2505
Our preference
Short positions below 1.2505 with targets at 1.2450 & 1.2425 in extension.
Alternative scenario
Above
1.2505 look for further upside with 1.2525 & 1.2550 as targets.
Comment
The RSI is bearish and calls for further downside.
![[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")