
Pivot
(invalidation): 24.3400
Our preference
Short positions below 24.3400 with targets at 23.8500 & 23.6300 in extension.
Alternative scenario
Above 24.3400 look for further upside with 24.6300 & 24.8300 as targets.
Comment
The RSI is bearish and calls for further decline
(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)