XAU/USD 12 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 11 February 2025.
As mentioned in yesterday's analysis dated 10 February 2025 that it is highly likely price will print a bullish iBOS is how price printed.
Price is currently trading within an internal low and fractal high.
ChoCH positioning to indicate, but not confirm bearish pullback phase initiation is denoted with a blue dotted line.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50%, or H4 demand zone, before targeting weak internal high, priced at 2,942.780.
Alternative scenario:
Given HTF (Daily and Weekly) have also printed bullish iBOS' it would not come as a surprise if price printed a bearish iBOS.
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.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 11 February 2025.
Price printed as per yesterday's analysis whereby it was mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or nested H4/M15 demand zone before targeting weak internal high priced at 2,942.780.
Alternative Scenario:
As all HTF's are in bearish pullback phase it would be viable if price targeted strong internal low, printing a bearish iBOS.
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:
Xauusdanalysisdaily
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:
XAU/USD 05-09 August 2024 Weekly AnalysisWeekly Analysis:
Last week's weekly analysis missed as I was on holiday.
Since my last weekly analysis price has print further all time highs, which, as a result, as brought the CHoCH positioning closer to more recent price action.
Price has, as yet, failed to indicate bearish pullback following bullish BOS and iBOS.
The first indication of pullback will be for price to print a bearish CHoCH which is denoted with a blue dotted line.
However, price could print further highs which would bring CHOCH positioning closer to current price.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
Price indicated bearish pullback phase initiation once it printed a bearish CHoCH.
Price then continued bearish, reacting at discount of internal 50% EQ denoted in blue.
Price has, thus far, failed to break and close above the weak internal high which could be an early indication that price will continue with it's bearish pullback phase in order to seek more liquidity.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Following price printing bullish BOS price pulled back to discount of 50% EQ before targeting weak internal high.
However, bullish momentum and pro swing/internal structure was unable to break and close above weak internal high, which, much like the daily TF, could be an early indication that bearish pullback phase is incomplete and price will seek further liquidity before targeting weak internal high.
Intraday expectation: Technically, price should target weak internal high, however, price has made one failed attempt, therefore, price could continue bullish, react at H4 supply level, print bearish price action, react at H4 demand level before targeting weak internal high.
Alternative scenario, price to target weak internal high.
H4 Chart:
💡GOLD (XAUUSD) - Weekly Technical Analysis Update
Midterm forecast:
1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 1762.55 is broken.
Technical analysis:
A peak is formed in daily chart at 1916.50 on 06/ 01 /2021, so more losses to support(s) 1875.15, 1848.50, 1828.25 and minimum to Major Support (1762.55) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 53.
Take Profits:
1762.55
1828.25
1875.15
1959.30
2075. 05
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