Pivot
(invalidation):
7.0840
Our preference
Short positions below 7.0840 with targets at 7.0460 & 7.0160 in extension.
Alternative scenario
Above
7.0840 look for further upside with 7.1060 & 7.1340 as targets.
Comment
The RSI lacks upward momentum.
(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")