Pivot
(invalidation): 1.2145
Our preference
Long positions above 1.2145 with targets at 1.2180 & 1.2200 in extension.
Alternative scenario
Below 1.2145 look for further downside with 1.2135 & 1.2120 as targets.
Comment
The RSI calls for a new upleg.
(By Swissquote TRADING CENTRAL)
![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg "[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).")