Pivot
(invalidation):
5.9250
Our preference
Long positions above 5.9250 with targets at 5.9550 & 5.9700 in extension.
Alternative scenario
Below
5.9250 look for further downside with 5.9100 & 5.8950 as targets.
Comment
The break above 5.9250 is a positive signal that has opened a path to 5.9550.
(By Swissquote TRADING CENTRAL)
![[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")