CFDs on Gold (US$ / OZ)
Long
Updated

GOLD BUY M15

111
Gold (XAU/USD) 15-Minute Chart Analysis – July 7, 2025

Trade Setup: The chart shows a bullish trade setup based on a potential reversal from a "Weak Low" support area around 3304. After forming a BOS (Break of Structure) and a small consolidation (highlighted box), price is expected to move higher.

Entry:
Long position initiated slightly above the consolidation zone.

Stop Loss (SL):
Set at 3304, just below the recent weak low support.

Target (TP):
Final target at 3326, where a key resistance level lies.

Key Levels:

Support Zone: 3304 (Weak Low)

Resistance Levels:

3317.5

3222.9

3326.2 (Final Target)



Market Structure Notes:

CHoCH (Change of Character) indicates potential shift to bullish momentum.

Price is expected to form higher highs and higher lows on its way to the target.
Trade active

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