
Pivot
(invalidation):
16.9000
Our preference
Long positions above 16.9000 with targets at 17.1900 & 17.3500 in extension.
Alternative
scenario
Below 16.9000 look for further downside with 16.7900 & 16.6800 as targets.
Comment
The RSI calls for a
rebound
(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)