Pivot
(invalidation): 1.3080
Our preference
Short positions below 1.3080 with targets at 1.3035 & 1.3010 in extension.
Alternative scenario
Above 1.3080 look for further upside with 1.3100 & 1.3120 as targets.
Comment
The immediate trend remains down and the momentum is strong
(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")