Pivot
(invalidation): 7.8470
Our preference
Short positions below 7.8470 with targets at 7.7810 & 7.7530 in extension.
Alternative scenario
Above 7.8470 look for further upside with 7.8720 & 7.9100 as targets.
Comment
As Long as the resistance at 7.8470 is not surpassed, the risk of the break below 7.7810
remains high.
(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")