XAU/USD 07 February 2025 Intraday Analysis
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bearish CHoCH, indicating, but not confirming bearish pullback phase initiation
Price is trading within an established internal range.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high, priced at 2,882.310.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed bearish CHoCH, indicating, but not confirming bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price continue bearish, react at either discount of internal 50% EQ, or M15 demand zone before targeting weak internal high priced at 2,882.310
Alternative scenario:
As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bearish CHoCH, indicating, but not confirming bearish pullback phase initiation
Price is trading within an established internal range.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high, priced at 2,882.310.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed bearish CHoCH, indicating, but not confirming bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price continue bearish, react at either discount of internal 50% EQ, or M15 demand zone before targeting weak internal high priced at 2,882.310
Alternative scenario:
As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
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.
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.