H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS, however, I will apply discretion and not classify as a bullish iBOS due to very insignificant pullback which would distort internal range. Therefore, I have marked the iBOS in red.
Intraday Expectation:
Await for price to indicate pullback phase initiation by printing bearish CHoCH. 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.
Since yesterday's analysis, price has continued to surge to new all time highs, largely fuelled by geopolitical tensions. Gold is solidifying itself as a safe haven asset.
Whilst price has not pulled back to discount of 50% I am happy to classify as a bullish iBOS due to time spent.
Price has printed a bullish iBOS followed by a bearish CHoCH to confirm internal structure. I will however continue to monitor price.
Intraday Expectation:
Price to continue bearish to complete it's bearish pullback phase to either discount of internal 50% EQ or M15 demand zone before targeting weak internal high, priced at
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.
Price has printed a bullish iBOS, however, I will apply discretion and not classify as a bullish iBOS due to very insignificant pullback which would distort internal range. Therefore, I have marked the iBOS in red.
Intraday Expectation:
Await for price to indicate pullback phase initiation by printing bearish CHoCH. 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.
Since yesterday's analysis, price has continued to surge to new all time highs, largely fuelled by geopolitical tensions. Gold is solidifying itself as a safe haven asset.
Whilst price has not pulled back to discount of 50% I am happy to classify as a bullish iBOS due to time spent.
Price has printed a bullish iBOS followed by a bearish CHoCH to confirm internal structure. I will however continue to monitor price.
Intraday Expectation:
Price to continue bearish to complete it's bearish pullback phase to either discount of internal 50% EQ or M15 demand zone before targeting weak internal high, priced at
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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Related publications
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.