CFDs on Gold (US$ / OZ)
Long
Updated

GOLD BUY M15

55
Gold (XAU/USD) Trade Setup – 15-Min Chart (July 8, 2025)

Entry Zone: Price is currently consolidating in a marked demand zone, forming a potential bullish setup.

Support Level (SL): 3325 – This is the stop-loss level, placed just below the support zone to minimize risk.

Buy Zone: Price is expected to rise from the current level after breaking out of the consolidation box (purple zone).

Bullish Structure: Price is forming higher lows and appears to be preparing for a breakout to the upside.

Target: 3348 – This is the marked resistance level and take-profit target, just below the "Strong High" area.

Key Levels:

Support: 3325

Current Price: Around 3334

Resistance Zones: 3343, 3348



Summary:
A bullish move is anticipated from the current price level, with an entry near 3334 targeting 3348. Stop-loss is placed at 3325 to protect against downside risk. Break of the immediate resistance could trigger upward momentum toward the target.
Trade active

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.