Get started

Structureanalysis

Gold Outlook (23 July): Bullish Structure Retesting Key ZonesGold (XAUUSD) – 23 July Analysis Structure, patience, and precision define today's opportunity The market remains in a clear uptrend , and the current M15 structure is undergoing a healthy pullback phase following yesterday’s strong bullish breakout. This retracement brings the price into key zones where continuation setups may form — if confirmed. 📊 Market Structure Overview • Bullish Breakout: On July 22, price made a strong impulsive move upward from the demand base at 3384–3390 , confirming bullish strength and shifting short-term structure to the upside. • Current Pullback: After printing a local high around 3439 , the market is retracing toward lower support zones. The pullback is expected and may offer long entries if price respects key areas and confirms. 🔑 Key Reversal Zones to Watch 1. Order Block (OB) Zone Range: 3417 – 3412 – This zone is the origin of the last bullish impulse. – Price is nearing this key zone. – If M1 confirms with internal structure shift + BoS , we may have a valid long setup. – Target: Previous high at 3438–3440 2. Deeper Demand Zone Range: 3390 – 3384 – This is the base of the prior impulsive leg. – If price breaks below the OB with momentum, this deeper zone may act as stronger support. – Potential swing entry zone with better R:R 📌 Trade Scenarios for Today 🔹 Scenario 1: Rejection from OB Zone (Likely Intraday Setup) – Wait for M1 to confirm via micro ChoCh + BoS inside 3417–3412 zone. – If confirmed, plan for long entry with SL below zone. – Target: 3438–3440 🔹 Scenario 2: Break Below OB → Retest at Deeper Demand Zone – If OB zone fails, wait for price to drop into 3390–3384. – Look for M1 confirmation before executing any long position. – This setup may offer a higher-quality entry with improved R:R. 📈 Trade Plan: – Wait for confirmation before entry (e.g., M1 structure shift + BoS) – SL: 40 pips | TP: 120 pips – Risk-Reward: Always 1:3 minimum – No confirmation = No trade 🎯 Summary • Primary Bias: Bullish — monitoring OB zone (3417–3412) for long setup • Alternative Setup: Buy from 3390–3384 demand if deeper retracement unfolds • Discipline: Let the market validate your plan. Never force a trade. 📘 Shared by @ChartIsMirror
OANDA:XAUUSDLong
by ChartIsMirror
AUDUSD good structure for higher bullish OANDA:AUDUSD whats next, we are have DESCENDING CHANNEL breaked, its followed by bullish push, but its not make to much in my op, at end price is make revers, its stop at end on strong sup zone (0.64900). We are have in last day-two RBA and RBNZ today, price is start pushing looks like zone 0.64900 can be taked for valid zone, from which now expecting higher bullish push in next periods. SUP zone: 0.65100 RES zone: 0.66300, 0.66600
Long
by DepaTrading