XAU/USD 09 December 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 20 October 2025.
Price has printed as per previous intraday expectation by printing a bearish CHoCH which indicates, but not confirms, bullish pullback phase initiation.
Price is currently trading within an established internal range, however, I will continue to monitor price with regards to depth of pullback.
Intraday expectation:
Price to continue bearish, react at either discount of 50% internal EQ, or H4 supply zone before targeting weak internal high priced at 4,380.990.
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 the same as yesterday's analysis dated 02 December 2025.
Price has printed as per analysis dated 14 November 2025 where I mentioned price to trade down to either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high, priced at 4,245.195.
Price subsequently printed a bearish CHoCH, however, as mentioned yesterday, I would closely monitor price with respect to depth of pullback.
Price did not pull back with any significance, therefore, I will apply discretion and not classify an iBOS. I have marked this with red dotted and dashed lines.
Price has since printed another bearish CHoCH.
We are currently trading within an established internal range, however, as per yesterday, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade down to either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high, priced at 4,264.700.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s tariff announcements, particularly against China, are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
