XAU/USD 26 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 February 2025.
Price printed as per yesterday's analysis and bias.
Price has printed a bearish CHocH indicating, but not confirming 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 H4 demand zone before targeting weak internal high, priced at 2,954.955
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: Bearish.
Price has printed as per alternative scenario analysis whereby I mentioned that as we await for H4 TF to confirm bearish pullback phase initiation, it would be a realistic expectation for price to print a bearish iBOS, which price printed.
As a result of the bearish iBOS, we now have a confirmed swing high.
Price has also printed a bearish CHoCH and traded in to premium of internal 50% EQ.
Intraday Expectation:
Technically, price should target weak internal low priced at 2,888.180.
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:
