H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed as per my analysis dated 11 April 2025 by printing higher highs which has repositioned CHoCH, which is denoted with a blue dotted line, much closer to current price action.
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing bearish CHoCH.
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.
As mentioned in previous analysis that I will continue to monitor internal structure following the printing of a bearish CHoCH.
Due to the extreme bullishness of the market I will be mapping internal structure as it appears.
The reasoning behind this due to the fact of the increasing range of the internal structure. By mapping internal structure as it appears we are more likely to be in a good position to have an early warning of all HTF bearish pullback phase initiations.
Price has printed a double bullish iBOS since last analysis and we are now trading within an establish internal range where you will note that price has printed a double top and has been unable to close above weak internal high.
Intraday Expectation:
Technically price should target weak internal high priced at 3,244.340.
Alternative scenario:
Due to the narrowing of internal range, it could be a potential early signal that all HTF's are beginning their bearish pullback phase initiation. I would therefore not be surprised if price printed 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.
Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed as per my analysis dated 11 April 2025 by printing higher highs which has repositioned CHoCH, which is denoted with a blue dotted line, much closer to current price action.
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing bearish CHoCH.
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.
As mentioned in previous analysis that I will continue to monitor internal structure following the printing of a bearish CHoCH.
Due to the extreme bullishness of the market I will be mapping internal structure as it appears.
The reasoning behind this due to the fact of the increasing range of the internal structure. By mapping internal structure as it appears we are more likely to be in a good position to have an early warning of all HTF bearish pullback phase initiations.
Price has printed a double bullish iBOS since last analysis and we are now trading within an establish internal range where you will note that price has printed a double top and has been unable to close above weak internal high.
Intraday Expectation:
Technically price should target weak internal high priced at 3,244.340.
Alternative scenario:
Due to the narrowing of internal range, it could be a potential early signal that all HTF's are beginning their bearish pullback phase initiation. I would therefore not be surprised if price printed 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.
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.