
Pivot
(invalidation):
0.9940
Our preference
Short positions below 0.9940 with targets at 0.9890 & 0.9870 in extension.
Alternative scenario
Above
0.9940 look for further upside with 0.9960 & 0.9985 as targets.
Comment
The RSI is bearish and calls for further decline.

![[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)