XAU/USD 09 May 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
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.
Analysis and bias remains remains the same as analysis dated 07 May 2025.
As mentioned in yesterday's analysis that I would continue to monitor price and depth of bearish pullback following previous bullish iBOS.
Price did not pull back with any significance, therefore, I will apply discretion and not mark the previous iBOS. I have however marked this in red.
Price continued bullish and subsequently printed a bearish iBOS to indicate, but not confirm bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor depth of pullback.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or M15 supply zones before targeting weak internal high priced at 3,435.055
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:
Golddaytrading
XAU/USD 17 April 2025 Intraday AnalysisH4 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:
XAU/USD 01 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterday's analysis dated 31 July 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS, printing an all time high.
After BOS/iBOS price is expected to pullback.
Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price printed a bulish iBOS followed by a double bearish iBOS.
Whilst the most recent bearish iBOS did not print a bullish CHoCH, I was happy to mark the internal low as price had reached 50% and in to premium of the internal EQ.
After bearish iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH.
Intraday expectation: Price to print bullish CHoCH to indicate pullback initiation before targeting weak internal low.
M15 Chart:
Day Trading Tips in 2023 📈
Day trading refers to a style of trading where the trader buys and sells a financial instrument within the same day, or even multiple times a day. With the right strategy and knowledge, you can take advantage of small price movements in the currency exchange market to earn a potential profit. However, it takes a lot of practice and dedication to become successful at day trading forex, so it's important for beginners to understand what they're getting into before starting out.
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Typically, successful day traders commit no more than 1-2% of their account's balance per trade. Additionally, it is wise to earmark a surplus amount of funds that can be used solely for trading purposes, and ensure that you are prepared for any potential losses.
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Day traders should be realistic when formulating their strategies, as having too high expectations can only lead to disappointment. Namely, strategies do not need to succeed every time in order to be potentially profitable, and day traders often make potential profits on approximately 50-60% of their trades.
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Once you have established a concise strategy that works for you, it is important to stick to it. Successful traders do not need to think on their feet or make decisions quickly, as they already have a specific trading strategy in place.
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4.Stop-Loss Orders 🛑
Risk can be mitigated through stop-loss orders, which exit the position at a specific exchange rate. Stop-loss orders are an essential forex risk management tool since they can help traders cap their risk per trade, preventing significant losses.
5.Journal Your Trades 📝
A printed record is a great learning tool. Print out a chart and list all the reasons for the trade, including the fundamentals that sway your decisions. Mark the chart with your entry and your exit points. Make any relevant comments on the chart, including emotional reasons for taking action.
The steps above will lead you to a structured approach to trading and should help you become a more refined trader. Trading is an art, and the only way to become increasingly proficient is through consistent and disciplined practice.
What do you want to learn in the next post?