Pivot
(invalidation):
1.2515
Our preference
Short positions below 1.2515 with targets at 1.2455 & 1.2430 in extension.
Alternative scenario
Above
1.2515 look for further upside with 1.2540 & 1.2570 as targets.
Comment
The RSI calls for a new downle
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")