
Pivot
(invalidation):
1690.00
Our preference
Short positions below 1690.00 with targets at 1642.00 & 1633.00 in extension.
Alternative
scenario
Above 1690.00 look for further upside with 1703.00 & 1720.00 as targets.
Comment
The RSI is bearish and
calls for further decline.
(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)