
Pivot
(invalidation): 39.10
Our preference
Short positions below 39.10 with targets at 38.30 & 37.90 in extension.
Alternative scenario
Above 39.10 look for further upside with 39.40 & 39.80 as targets.
Comment
The RSI calls for a drop
(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)