
Pivot
(invalidation):
17.2400
Our preference
Short positions below 17.2400 with targets at 16.8700 & 16.7700 in extension.
Alternative
scenario
Above 17.2400 look for further upside with 17.3400 & 17.4500 as targets.
Comment
The RSI is bearish and
calls for further downside.
(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)