H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias to remain the same as analysis dated 02 February 2026.
Price has printed as per analysis dated 22 January where I mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday expectation:
Price to react at either discount of 50% internal EQ, or H4 supply zone before targeting weak internal high priced at 5,602,225.
Note:
The Federal Reserve’s renewed easing cycle, alongside a weaker U.S. dollar and persistent geopolitical tensions, continues to drive volatility in the gold market.
Traders should remain cautious and adjust risk management strategies to navigate sharp price swings.
Additionally, gold pricing is highly sensitive to U.S. policy under President Trump, where tariff measures, fiscal uncertainty, and shifting geopolitical strategy amplify market repricing risks and reinforce safe‑haven demand.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has continued with it's bullish trajectory with minimal pullback, therefore, I will not classify yesterday's iBOS as one due to the insignificant nature of bearish pullback. I have however marked this in red.
Price has since printed a bearish CHoCH which now confirms we are trading within an internal range, however, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade down to either M15 demand zone, or discount of 50% internal EQ before targeting weak internal high, priced at 5,250.005.
Note:
Gold continues to exhibit elevated volatility as markets digest the Federal Reserve’s ongoing dovish tilt and persistent global geopolitical tensions.
With uncertainty remaining a dominant theme across global risk assets, traders should prioritise disciplined risk management, as abrupt price swings and liquidity pockets may become increasingly common.
Furthermore, recent tariff announcements from President Trump, particularly those directed at China, have added another layer of instability to the macro landscape. These policy developments have the potential to intensify market turbulence, heighten risk‑off flows, and trigger sharp intraday reversals or whipsaw‑like behaviour in gold.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias to remain the same as analysis dated 02 February 2026.
Price has printed as per analysis dated 22 January where I mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday expectation:
Price to react at either discount of 50% internal EQ, or H4 supply zone before targeting weak internal high priced at 5,602,225.
Note:
The Federal Reserve’s renewed easing cycle, alongside a weaker U.S. dollar and persistent geopolitical tensions, continues to drive volatility in the gold market.
Traders should remain cautious and adjust risk management strategies to navigate sharp price swings.
Additionally, gold pricing is highly sensitive to U.S. policy under President Trump, where tariff measures, fiscal uncertainty, and shifting geopolitical strategy amplify market repricing risks and reinforce safe‑haven demand.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has continued with it's bullish trajectory with minimal pullback, therefore, I will not classify yesterday's iBOS as one due to the insignificant nature of bearish pullback. I have however marked this in red.
Price has since printed a bearish CHoCH which now confirms we are trading within an internal range, however, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade down to either M15 demand zone, or discount of 50% internal EQ before targeting weak internal high, priced at 5,250.005.
Note:
Gold continues to exhibit elevated volatility as markets digest the Federal Reserve’s ongoing dovish tilt and persistent global geopolitical tensions.
With uncertainty remaining a dominant theme across global risk assets, traders should prioritise disciplined risk management, as abrupt price swings and liquidity pockets may become increasingly common.
Furthermore, recent tariff announcements from President Trump, particularly those directed at China, have added another layer of instability to the macro landscape. These policy developments have the potential to intensify market turbulence, heighten risk‑off flows, and trigger sharp intraday reversals or whipsaw‑like behaviour in gold.
M15 Chart:
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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.