Gold (XAUUSD) – July 7 | Watching 3326 POI for Short Setup🟡 Gold (XAUUSD) – July 7 Bias | Short Setup Developing at 3326 POI
The Gold market remains in a pullback phase on the H4 timeframe , and price may still revisit the 3280 H4 order block before resuming its broader uptrend.
On the M15 timeframe, structure has now shifted clearly.
After an initial Change of Character (ChoCh) , we’ve seen a confirmed Break of Structure (BoS) , placing M15 officially in a downtrend .
✅ Why This Matters:
With both ChoCh and BoS complete, we no longer treat this move as a potential liquidity grab — it now reflects a valid structural reversal in the short term.
But instead of reacting impulsively, we study this shift as a live example of structure-based price action — and how entry zones form after confirmation.
🔍 M15 Order Block in Focus:
• 3323.500 – 3327.800 → Valid M15 POI for short setups
→ This is where we expect price might retrace before resuming its move
→ We’ll observe this zone for M1 confirmation (ChoCh + micro BoS) before taking any action
🎯 Target Zone:
• 3280 – H4 Demand
→ A clean structure-based target aligned with higher timeframe pullback
→ Our model requires minimum 1:3 RR , anchored to price structure
🔁 Key Takeaways:
• H4: Pullback phase remains intact
• M15: Downtrend confirmed (ChoCh + BoS complete)
• Execution plan: Observe 3326 POI; respond only if structure confirms again on M1
• No anticipation. No prediction. Just process.
📖 This is structure-based learning in real time.
We don’t chase setups — we observe shifts.
Let structure teach you. Let price confirm it.
The chart is the mirror.
📘 Shared by @ChartIsMirror