Pivot
(invalidation):
1.1040
Our preference
Short positions below 1.1040 with targets at 1.1020 & 1.1010 in extension.
Alternative scenario
Above
1.1040 look for further upside with 1.1050 & 1.1060 as targets.
Comment
The RSI lacks upward momentum.
(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")