Pivot
(invalidation): 7.3650
Our preference
Long positions above 7.3650 with targets at 7.4060 & 7.4370 in extension.
Alternative scenario
Below 7.3650 look for further downside with 7.3400 & 7.3060 as targets.
Comment
A support base at 7.3650 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")