Gold (XAUUSD) Analysis – 29 July
The Mirror is Forming at 3310: Structure + Reaction in Focus
The market has successfully held the H4 demand zone, particularly near the critical level around 3310. This level is not just another number on the chart — it’s an inflection point. A possible first higher low or swing low, from which the next directional leg in gold could emerge.
Yesterday’s price action swept liquidity beneath this zone and then showed a strong bullish reaction. This isn’t just a bounce. It’s a behavioral shift — one that hints at absorption of selling pressure and the re-entry of aggressive buyers.
🔍 Structure Alignment: H4 + M15
On the H4 timeframe, price has stabilized within the demand zone.
Zooming into M15, we now see internal price action beginning to shift:
• First, a Change of Character (ChoCH) — the earliest clue that momentum is starting to turn.
• Then, a Break of Structure (BoS) to the upside — signaling potential bullish intent.
This multi-timeframe alignment — H4 support holding + M15 structure shifting — builds a strong case for a potential reversal and continuation of the uptrend.
📍 What Next?
The next step is to mark a refined M15 Point of Interest (POI) — a zone where price may pull back before making its next move upward.
We don’t chase price. We let it come to us.
✅ Look for Lower Timeframe Confirmation
Once price returns to your POI, it’s time to observe.
You’re not looking for obvious signals. You’re watching for subtle behavior —
a sharp reaction, a psychological flush, or a precise candle footprint that reveals intent.
The deeper signals aren’t always visible to the untrained eye — but they’re there for those who’ve studied the mirror.
(For those who know what to look for — this is where the sniper entry reveals itself.)
🎯 Summary
• Bias: Bullish — structure and reaction support long setups
• Plan: Wait for price to retest the M15 POI
• Execution: Only enter on confirmed lower timeframe intent and confluence
• Target: 120 pips (fixed, as per system)
• Stop Loss: 40 pips (always 1:3 R:R minimum)
📚 This is the kind of structure-based clarity we teach in The Chart is the Mirror.
Let the chart speak.
Let the structure guide you — not your emotion.
📘 Shared by ChartIsMirror
The Mirror is Forming at 3310: Structure + Reaction in Focus
The market has successfully held the H4 demand zone, particularly near the critical level around 3310. This level is not just another number on the chart — it’s an inflection point. A possible first higher low or swing low, from which the next directional leg in gold could emerge.
Yesterday’s price action swept liquidity beneath this zone and then showed a strong bullish reaction. This isn’t just a bounce. It’s a behavioral shift — one that hints at absorption of selling pressure and the re-entry of aggressive buyers.
🔍 Structure Alignment: H4 + M15
On the H4 timeframe, price has stabilized within the demand zone.
Zooming into M15, we now see internal price action beginning to shift:
• First, a Change of Character (ChoCH) — the earliest clue that momentum is starting to turn.
• Then, a Break of Structure (BoS) to the upside — signaling potential bullish intent.
This multi-timeframe alignment — H4 support holding + M15 structure shifting — builds a strong case for a potential reversal and continuation of the uptrend.
📍 What Next?
The next step is to mark a refined M15 Point of Interest (POI) — a zone where price may pull back before making its next move upward.
We don’t chase price. We let it come to us.
✅ Look for Lower Timeframe Confirmation
Once price returns to your POI, it’s time to observe.
You’re not looking for obvious signals. You’re watching for subtle behavior —
a sharp reaction, a psychological flush, or a precise candle footprint that reveals intent.
The deeper signals aren’t always visible to the untrained eye — but they’re there for those who’ve studied the mirror.
(For those who know what to look for — this is where the sniper entry reveals itself.)
🎯 Summary
• Bias: Bullish — structure and reaction support long setups
• Plan: Wait for price to retest the M15 POI
• Execution: Only enter on confirmed lower timeframe intent and confluence
• Target: 120 pips (fixed, as per system)
• Stop Loss: 40 pips (always 1:3 R:R minimum)
📚 This is the kind of structure-based clarity we teach in The Chart is the Mirror.
Let the chart speak.
Let the structure guide you — not your emotion.
📘 Shared by ChartIsMirror
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.