XAU/USD 13 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:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
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:
