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XAU/USD 01 November 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 31 October 2024 -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal. Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation from 31 October 2024 was met as price targeted weak internal low, printing another bearish iBOS. CHoCH positioning is still quite distant from current price. To confirm the internal structure, I would like to see price move up to the 50% internal EQ level. Intraday Expectation: I will remain on standby and wait for price action that allows me to confirm the internal structure. Note: Price continues to be highly volatile due to ongoing geopolitical tensions and the Fed’s dovish stance. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 29 October 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as analysis dated 27 October 2024. -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists amid the Fed’s dovish tone and heightened geopolitical tensions, solidifying its safe-haven appeal. Price has printed a bearish Change of Character (CHoCH), signaling, but not yet confirming, the start of bearish pullback phase. Intraday Expectation: Despite the bearish CHoCH, price has yet to pull back into the internal 50% EQ discount. We could see a reaction at the H4 supply level before any confirmation of bearish pullback initiation. Technical Note: The strong high at 2,758.525 is anticipated to remain protected. However, with CHoCH positioning on the daily timeframe somewhat distant, price may print a bullish iBOS in the near term to align with the daily timeframe’s movement. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis/intraday expectation remains the same as analysis dated 24 October 2024. Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase. As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance. Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range. Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also react at nested H4 and M15 supply levels before targeting the weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
2
XAU/USD 08 October 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 06 October 2024. -> Swing: Bullish. -> Internal: Bearish. Bearish swing pullback phase has been confirmed by the first bearish Internal Break of Structure (iBOS), which has established the current swing range. Currently, price is trading between the swing high and internal low. Following second bearish iBOS price printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Price reacted from the premium zone above the 50% internal equilibrium (EQ). Although the weak internal low was targeted, price was unable to close below it after reacting from an H4 demand zone. Intraday Expectation: Price is expected to target weak internal low. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's analysis (07 October 2024) mentioned the alternative scenario, where I noted that given the H4 timeframe appears to be in a bearish pullback phase, any bullish momentum would likely be short-lived, and price could potentially print a bearish iBOS. Price has now printed a bearish iBOS, which was expected as the H4 timeframe remains in a bearish pullback phase. Intraday Expectation: After the iBOS, we anticipate a pullback. CHoCH positioning is marked by a blue dotted line. Price could potentially print a new low, bringing CHoCH positioning closer to the current price. This has occurred whilst I was preparing analysis. CHoCH is now closer to current price action. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 12 September 2024 Intraday AnalysisH4 Analysis: Intraday analysis/bias remains the same as yesterday's analysis dated 11 September 2024. -> Swing: Bullish. -> Internal: Bullish. Following bullish iBOS price did not pull back to either H4 POI's or discount of internal 50% EQ which indicates XAU strength. Recent economic data, particularly from the US has influenced market sentiment such as softer US employment data leading to an expectation of a more softer approach from the Fed which typically supports Gold prices. Intraday expectation: Whilst price has continued bullish it is my concern that price did not pull back deep enough to grab liquidity in order to sustain a bullish push. Looking to the left price has made several failed attempts. Price should technically target weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Due to several factors such as geopolitical tensions and many macroeconomic factors XAU continues to surge. Nonetheless, I will continue with systematic rules of analysis. Technically price should target weak internal low, therefore, my bias will remain unchanged until M15 candle break and close above swing high. Price is currently reacting at another M15 supply zone. Intraday expectation: Price is close to extreme premium of internal 50% EQ. Price to target weak internal low. My bias will remain unchanged until and unless M15 candle close above strong swing high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 02 August 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 31 July 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS, printing an all time high. After BOS/iBOS price is expected to pullback. Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bullish iBOS aligning itself with swing structure. Price has reacted at H4 supply level to possibly initiate bearish pullback phase. CHoCH line is denoted with a blue dotted line with price yet to print bearish CHoCH to indicate bearish pullback phase initiation. Intraday expectation: Price to print bearish CHoCH, trade down to either discount of 50% EQ or M15 demand levels before targeting weak internal high. Alternative scenario: Price to continue bullish to reposition CHOCH closer to current price action. To then trade down to discount of 50% EQ or M15 demand levels before targeting weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 01 August 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 31 July 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS, printing an all time high. After BOS/iBOS price is expected to pullback. Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price printed a bulish iBOS followed by a double bearish iBOS. Whilst the most recent bearish iBOS did not print a bullish CHoCH, I was happy to mark the internal low as price had reached 50% and in to premium of the internal EQ. After bearish iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH. Intraday expectation: Price to print bullish CHoCH to indicate pullback initiation before targeting weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 28 June 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 27 June 2024. -> Swing: Bullish. -> Internal: Bearish. As previously mentioned, price reacted at 50% EQ of the internal range to target weak internal low, however, price was unable to close below internal low due to H4 demand zone. Nonetheless, internal structure remains bearish until strong internal high is taken out. Intraday expectation: Price could potentially be seeking further liquidity to once again target weak internal low. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a series of bullish iBOS' and price has now aligned itself with swing structure Price has reacted from discount zone of 50% EQ. Intraday expectation: Price to target weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 17 May 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. As previously mentioned, CHoCH was positioned at quite a distance away from current price, therefore, there was a possibility price could engineer a CHoCH closer to current price to indicate initiation of pullback. Price has did this. We are again seeing a reaction to nested Daily and H4 supply levels where price could pull back deeper. I previously commented that price to continue bullish and react at nested Daily and H4 supply levels, which price did. Intraday expectation: Price is reacting at nested Daily and H4 demand where it is expected that price will pull back to discount of 50% EQ or H4 demand levels. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After iBOS price is expected to pull back. First indication, but not confirmation of pullback initiation is for price to print a bearish CHoCH. Price has printed this which is denoted with a blue dotted line. Yesterday's (16 May 2024) Intraday expectation was for price to pullback to discount of 50% EQ or M15 supply level, possibly as deep as H4 supply level before targeting weak internal high which is denoted with a blue dashed line. Price did not pullback into either zone and reacted close to 50% EQ reacting at premium EQ. Intraday Expectation: Price to continue bearish, react at either M15 demand zone, discount zone of 50% EQ before targeting weak internal high which is denoted with a blue dashed line. It would not be unrealistic for price to pull back as deep as the H4 demand zone before targeting weak internal high. Trade idea would only be invalidated if price breaks and closes above weak internal high, which is the blue dashed line. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD (Gold) Daily:13/02/2023: It looks like a sell opportunity As you can see, we expect the price to rise from here until our low time frame supply zone and then fall. For that, we need confirmation. We can define targets as follow: 1848 1826 1815.6 💥Important note: If the low time frame supply zone (you can find it on the chart) will not confirm, we expect the price to rise and fill the fair value gap of 1918.54- 1920.47.💥 💡Wait for the update! 🗓️13/02/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
VANTAGE:XAUUSDShort
by VahidTradingCR
1
XAUUSD 27/10/2022Price currently moving in an uptrend channel & facing recent Support at 1656.61, Resistance at 1667.68. Now if price respects the support & closes above the resistance then it could continue its uptrend channel move to continue pushing up to the next resistance at 1678.98 as shown in chart. However if price respects the recent resistance at 1667.68 & closes below the support or the recent low then it would be a breakout of the uptrend channel which could lead the price to continue pushing down to the next support at 1639.58.
FX_IDC:XAUUSD
by mightybullcapital
XAUUSD 16/09/2022As you can see price moving in a downtrend channel & also formed a small timeframe structure while facing resistance at 1671.55 & support at 1653.46. now if price respects the resistance & breaks out of the support at 1653.46 then price might come continue to push down to retest the next HTF support at 1644.40 while still moving in respect to the downtrend. However if price breaks & closes above the structure & resistance at 1671.55 then gold would breakout of the downtrend channel & might continue to push up to the next resistance zone 1681.22.
FX_IDC:XAUUSD
by mightybullcapital
XAUUSD 15/09/2022Price retesting a major support zone on HTF at 1680.50 & also facing recent resistance at 1690.93 while moving in a downtrend. now if price respects the recent resistance and breaks & closes below the major support zone then gold could continue pushing down creating new lower low. However if gold respects the support and makes a breakout of the resistance then price could continue pushing up to next resistance at 1697.82 or all the way to 1706.66 as a retracement move.
FX_IDC:XAUUSD
by mightybullcapital