gold analysis (23rd july 2025)

51
Bias: Bullish on Daily & 4H
Market Structure: Retracement or continuation phase
Timeframes used: Daily → 4H → 15min → 3min/2min

⚙️ Top-Down Bias
Daily: Bullish BOS recently formed → not yet liquidated, meaning price may retrace lower before continuation.

4H: Bullish BOS as well → currently shows signs of retracement → unclear if this is a new BOS forming or simply a pullback toward 4H BOS zone.

Conclusion: Retracement likely short-term before bullish continuation unless current move confirms a new BOS.

🔭 Scenarios
✅ Scenario 1 – Immediate Continuation Play (3min Entry)
For traders already watching the current PA unfold

Setup: Price has tapped into a 15min BOS zone.

Entry Trigger: Wait for a 3min confirmation (CHoCH → BOS structure).

Entry: On the 3min BOS.

TP: 🎯 3431.165

✅ Scenario 2 – Missed the First Entry? Watch for New 15min BOS Re-entry
For traders who missed the initial 3min entry.

Setup: Price to pull back again to the 15min BOS zone.

Entry Trigger: Wait for 1 or 2min confirmation inside the zone.

TP:

If TP1 (3431.165) hasn’t been hit, keep it as target.

If TP1 already hit, set next TP at 🎯 3439.024

🔄 Scenario 3 – Deeper Retracement to Break 15min BOS
Setup: Price breaks below the 15min BOS with momentum.

Entry Trigger: Watch for price to retest the broken zone with 1 or 2min bearish confirmation.

TP: 🎯 3391.440

🛑 Note: If price breaks the 15min CHoCH instead of BOS → wait for a new BOS to form. The same logic applies: confirmation before entry.

📌 Key Levels to Watch
Zone Description
3431.165 TP1 for bullish scenarios
3439.024 TP2 if TP1 is already reached
3391.440 TP for bearish retracement scenario
15min BOS zone Re-entry or retest zone
15min CHoCH Watch for structural shift
Trade closed: target reached
SCENARIO 1 PRINTED OUT
Note
scenario 3 also printed out

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