Gold 29 July – H4 Demand Holds, M15 Structure ShiftsGold (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
