
Pivot
(invalidation): 38.90
Our preference
Short positions below 38.90 with targets at 37.25 & 36.55 in extension.
Alternative scenario
Above 38.90 look for further upside with 39.35 & 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)