XAU/USD 05 February 2025 Intraday Analysis
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As mentioned in yesterday's analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed.
CHoCH positioning has now changed, which is denoted with a blue dotted line.
Price is trading within an internal low and fractal high.
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing bearish CHoCH, which is denoted with a blue dotted line.
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.
As mentioned yesterday, whereby it was stated that I will continue to monitor price. You will note I have marked the bullish iBOS in red. This is due to the fact price did not pull back enough to substantiate a further bullish iBOS as this would have significantly narrowed the internal range relative to rent price action.
Price continues to make higher highs with current ChOCH positioning denoted with a blue dotted line
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing a bearish CHoCH.
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.
As mentioned in yesterday's analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed.
CHoCH positioning has now changed, which is denoted with a blue dotted line.
Price is trading within an internal low and fractal high.
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing bearish CHoCH, which is denoted with a blue dotted line.
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.
As mentioned yesterday, whereby it was stated that I will continue to monitor price. You will note I have marked the bullish iBOS in red. This is due to the fact price did not pull back enough to substantiate a further bullish iBOS as this would have significantly narrowed the internal range relative to rent price action.
Price continues to make higher highs with current ChOCH positioning denoted with a blue dotted line
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing a bearish CHoCH.
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:
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.