
Pivot
(invalidation):
1.2235
Our preference
Long positions above 1.2235 with targets at 1.2285 & 1.2310 in extension.
Alternative scenario
Below
1.2235 look for further downside with 1.2200 & 1.2175 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and
is turning up
(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)