Pivot
(invalidation): 7.8000
Our preference
Long positions above 7.8000 with targets at 7.9500 & 8.0000 in extension.
Alternative scenario
Below 7.8000 look for further downside with 7.7360 & 7.6640 as targets.
Comment
The RSI lacks downward momentum.
(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")