Pivot
(invalidation): 7.6530
Our preference
Long positions above 7.6530 with targets at 7.8250 & 7.8940 in extension.
Alternative scenario
Below 7.6530 look for further downside with 7.5930 & 7.5110 as targets.
Comment
The RSI calls for a rebound
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")