
Pivot
(invalidation): 28.8500
Our preference
Short positions below 28.8500 with targets at 27.3000 & 26.8500 in extension.
Alternative scenario
Above 28.8500 look for further upside with 29.3500 & 29.8500 as targets.
Comment
The RSI is bearish and calls for further declin
(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)