
Pivot
(invalidation):
1.0960
Our preference
Long positions above 1.0960 with targets at 1.1000 & 1.1020 in extension.
Alternative scenario
Below
1.0960 look for further downside with 1.0935 & 1.0915 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited.
(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)