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pair is favored to remain in a cycle higher in wave (1) from the 8/26/19 lows where the daily is turning up. The 4 hour right side is up from the
107.63 lows where wave 4 ended. While a pullback remains above the 109.76 lows where the hourly is turning up the pair can see the 111.00
-111.50 area in wave 5 of (1) before it corrects the cycle up from the 8/26/19 lows.
![[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026](https://c.mql5.com/6/1013/splash-preview-771790.png "[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026")