XAU-USD 07-11 April 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis and bias remains the same as analysis dated 16 March 2025.
In my analysis dated 27 October 2024 I mentioned (below) that price could potentially print higher in order to reposition CHoCH. This is exactly how price printed. CHoCH positioning has been brought significantly closer to current price action.
The remainder of my analysis and bias remains the same as analysis dated 09 February 2025.
Price has printed a further bullish iBOS.
Price is currently trading within an internal low and fractal high. CHoCH positioning is denoted with a blue dashed line.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had repositioned previous CHoCH much closer to recent price levels as expected for weeks. Current CHoCH positioning is quite a distance away from price, therefore, it would be viable if price continued bullish to reposition ChOCH.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
Weekly Chart:
Daily Analysis:
Swing -> Bullish.
Internal -> Bullish.
Price continued bullish repositioning bearish CHoCH positioning closer to current price action.
Price is now trading within an internal low and fractal high.
Price has very nearly printed a bearish which is the first indication, but not confirmation, of bearish pullback phase initiation.
Expectation is for price to print bearish CHoCH to indicate, bearish pullback phase initiation. CHoCH positioning is denoted with a blue dotted line.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty and the repricing of Gold.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 04 April 2025.
Since last analysis price has printed a bearish CHoCH which is the first indication, but not confirmation of bearish pullback phase initiation.
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 3,187,835
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:
