Pivot
(invalidation):
1.3980
Our preference
Short positions below 1.3980 with targets at 1.3935 & 1.3915 in extension.
Alternative scenario
Above
1.3980 look for further upside with 1.4000 & 1.4015 as targets.
Comment
The RSI is bearish and calls for further downside.
![[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")