Pivot
(invalidation): 7.8500
Our preference
Long positions above 7.8500 with targets at 7.9240 & 7.9640 in extension.
Alternative scenario
Below 7.8500 look for further downside with 7.8170 & 7.7810 as targets.
Comment
The RSI calls for a bounce.
(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")