
Pivot
(invalidation):
105.25
Our preference
Short positions below 105.25 with targets at 104.20 & 103.70 in extension.
Alternative scenario
Above
105.25 look for further upside with 105.90 & 106.35 as targets.
Comment
The break below 105.25 is a negative signal that has opened
a path to 104.20.
(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)