
Pivot
(invalidation): 45.90
Our preference
Short positions below 45.90 with targets at 44.95 & 44.65 in extension.
Alternative scenario
Above 45.90 look for further upside with 46.25 & 46.65 as targets.
Comment
The RSI is bearish and calls for further downside
(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)