
Pivot
(invalidation):
5.8860
Our preference
Short positions below 5.8860 with targets at 5.8570 & 5.8390 in extension.
Alternative scenario
Above
5.8860 look for further upside with 5.9050 & 5.9260 as targets.
Comment
As Long as 5.8860 is resistance, likely decline to 5.8570.
(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)