
Pivot
(invalidation): 1.1275
Our preference
Short positions below 1.1275 with targets at 1.1220 & 1.1190 in extension.
Alternative scenario
Above 1.1275 look for further upside with 1.1300 & 1.1325 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)


![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026). [XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg)