Gold – Bullish Structure Confirmed | July 16 Outlook🟢 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
