H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 16 April 2025. You will note that CHoCH positioning has been brought closer to current price.
Price has printed according to analysis dated 14 April 2025, 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 printed according to yesterday's analysis by targeting weak internal high and printing a bullish iBOS.
Price subsequently printed a bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal structure.
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, 357.775.
Alternative Scenario:
As we await for price to print a bearish CHoCH on H4 TF is would be necessary for price to print a bearish iBOS on M15 TF (this is the fractal nature of markets) therefore, it should not come as a surprise is price printed a brearish 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.
Analysis and bias remains the same as analysis dated 16 April 2025. You will note that CHoCH positioning has been brought closer to current price.
Price has printed according to analysis dated 14 April 2025, 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 printed according to yesterday's analysis by targeting weak internal high and printing a bullish iBOS.
Price subsequently printed a bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal structure.
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, 357.775.
Alternative Scenario:
As we await for price to print a bearish CHoCH on H4 TF is would be necessary for price to print a bearish iBOS on M15 TF (this is the fractal nature of markets) therefore, it should not come as a surprise is price printed a brearish 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.