
Pivot
(invalidation): 1.2925
Our preference
Short positions below 1.2925 with targets at 1.2870 & 1.2840 in extension.
Alternative scenario
Above 1.2925 look for further upside with 1.2975 & 1.3030 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(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)