🟢 Gold (XAUUSD) – July 16 Analysis | Uptrend Resumed After H4 OB Test
As outlined in our previous post — Gold – H4 Structure at Key Decision Point | July 14 Outlook, price has now tested the H4 order block near 3320, which we marked as a high-probability reversal zone.
Following this, the market has shown clear signs of strength — with both internal structure shift and a Break of Structure (BoS) on M15, confirming that the uptrend has resumed.
🔍 Structure Alignment:
✅ H4: Bullish continuation after OB test
✅ M15: ChoCH + BoS → confirms trend alignment with H4
📌 Key Intraday Levels to Watch:
🟩 3335–3333 (M15 Order Block & Breaker Level):
→ A short-term OB just before our main POI
→ If price respects this zone with LTF confirmation (M1 Micro-ChoCH + BoS), we may plan an early long entry
🟩 3327.7–3329.4 (Main M15 POI Zone):
→ High-probability continuation zone
→ On retest + LTF confirmation → plan for long setup
📈 Trade Plan:
→ Watch 3335–3333 OB first
→ If respected with M1 confirmation, early entry is valid
→ If that zone fails, wait for price to revisit 3327–3329 POI
→ Same confirmation rules apply
In both cases, target new HH, in line with current trend momentum
📖 When price respects structure and confirms behavior, don’t second-guess — follow the process.
📘 Shared by ChartIsMirror
As outlined in our previous post — Gold – H4 Structure at Key Decision Point | July 14 Outlook, price has now tested the H4 order block near 3320, which we marked as a high-probability reversal zone.
Following this, the market has shown clear signs of strength — with both internal structure shift and a Break of Structure (BoS) on M15, confirming that the uptrend has resumed.
🔍 Structure Alignment:
✅ H4: Bullish continuation after OB test
✅ M15: ChoCH + BoS → confirms trend alignment with H4
📌 Key Intraday Levels to Watch:
🟩 3335–3333 (M15 Order Block & Breaker Level):
→ A short-term OB just before our main POI
→ If price respects this zone with LTF confirmation (M1 Micro-ChoCH + BoS), we may plan an early long entry
🟩 3327.7–3329.4 (Main M15 POI Zone):
→ High-probability continuation zone
→ On retest + LTF confirmation → plan for long setup
📈 Trade Plan:
→ Watch 3335–3333 OB first
→ If respected with M1 confirmation, early entry is valid
→ If that zone fails, wait for price to revisit 3327–3329 POI
→ Same confirmation rules apply
In both cases, target new HH, in line with current trend momentum
📖 When price respects structure and confirms behavior, don’t second-guess — follow the process.
📘 Shared by ChartIsMirror
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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.
Related publications
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.