H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed according to yesterday's analysis, however, as I mentioned in my analysis yesterday whereby I stated that price has printed a bearish CHoCH and I would continue to monitor price.
Price has printed very minimal pullback and continued its bullish trajectory, therefore, I will again apply discretion and not classify a bullish iBOS. I have however marked this in red as a guide.
Intraday Expectation:
Await for price to print bearish CHoCH to indicate bearish pullback initiation phase. Bearish CHoCH positioning 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.
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.
Price did not print according to yesterday's analysis, failing to target weak internal low by printing a bullish iBOS. This is most probably due to Trump's tariff policy and ongoing uncertainty.
Price has now printed a bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range. However, I will continue to monitor price.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high priced at 3,317.920
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.
Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed according to yesterday's analysis, however, as I mentioned in my analysis yesterday whereby I stated that price has printed a bearish CHoCH and I would continue to monitor price.
Price has printed very minimal pullback and continued its bullish trajectory, therefore, I will again apply discretion and not classify a bullish iBOS. I have however marked this in red as a guide.
Intraday Expectation:
Await for price to print bearish CHoCH to indicate bearish pullback initiation phase. Bearish CHoCH positioning 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.
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.
Price did not print according to yesterday's analysis, failing to target weak internal low by printing a bullish iBOS. This is most probably due to Trump's tariff policy and ongoing uncertainty.
Price has now printed a bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range. However, I will continue to monitor price.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high priced at 3,317.920
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.
Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws.
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.