
Pivot
(invalidation):
3040.00
Our preference
Long positions above 3040.00 with targets at 3176.00 & 3256.00 in extension.
Alternative
scenario
Below 3040.00 look for further downside with 2949.00 & 2855.00 as targets.
Comment
The RSI is bullish
and calls for further upside.
(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)