📈 XAU/USD 4H Long Setup – July 7, 2025
Gold is testing a key support zone near $3,295–$3,310, with price reacting from the demand region and forming a potential reversal pattern. With bullish momentum anticipated, the setup targets a significant upside move toward $3,452+.
🟢 Long Position Details:
Entry: $3,110.79
Stop Loss: $3,075.94 (-1.04%)
Take Profit: $3,452.93 (+4.29%)
Risk/Reward Ratio: 1:4.16
📊 Technical Highlights:
RSI (14): Flattening near oversold zone, signaling potential reversal
MACD: Histogram tapering with possible bullish crossover developing
Market Structure: Still respecting higher low formation from previous trend swing
📌 Bias remains bullish while price holds above $3,295 and especially above the recent low at $3,275. A breakout above $3,327 would confirm upward continuation.
Gold is testing a key support zone near $3,295–$3,310, with price reacting from the demand region and forming a potential reversal pattern. With bullish momentum anticipated, the setup targets a significant upside move toward $3,452+.
🟢 Long Position Details:
Entry: $3,110.79
Stop Loss: $3,075.94 (-1.04%)
Take Profit: $3,452.93 (+4.29%)
Risk/Reward Ratio: 1:4.16
📊 Technical Highlights:
RSI (14): Flattening near oversold zone, signaling potential reversal
MACD: Histogram tapering with possible bullish crossover developing
Market Structure: Still respecting higher low formation from previous trend swing
📌 Bias remains bullish while price holds above $3,295 and especially above the recent low at $3,275. A breakout above $3,327 would confirm upward continuation.
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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.
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.