Pivot
(invalidation): 6.9550
Our preference
Long positions above 6.9550 with targets at 7.0070 & 7.0250 in extension.
Alternative scenario
Below 6.9550 look for further downside with 6.9350 & 6.9170 as targets.
Comment
A support base at 6.9550 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
![[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")