
Pivot
(invalidation): 0.9450
Our preference
Short positions below 0.9450 with targets at 0.9420 & 0.9405 in extension.
Alternative scenario
Above 0.9450 look for further upside with 0.9470 & 0.9490 as targets.
Comment
The RSI calls for a new downleg.
(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)
