
Pivot
(invalidation): 0.7045
Our preference
Long positions above 0.7045 with targets at 0.7115 & 0.7145 in extension.
Alternative scenario
Below 0.7045 look for further downside with 0.7020 & 0.7000 as targets.
Comment
The immediate trend remains up and the momentum is strong.
(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)