XAU/USD 08 October 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has again printed a bearish CHoCH. However, I will apply discretion and not classify as such due to insignificant depth of pullback, relative to recent price action. I have however marked this in red once again.
Intraday Expectation:
Allow price to continue with it bullish trajectory and to show signs of bearish pullback phase initiation. This would typically be the printing of a bearish CHoCH, which would indicate bearish pullback phase initiation. Current CHoCH positioning is denoted with a blue horizontal dotted line.
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.
Price continued bullish, printing further ATH's.
Price has printed several bearish CHoCH's, however, as mentioned in yesterday's analysis, I would be watching depth of pullback. Pullback on all bearish CHoCH's was insignificant, therefore, I will apply discretion and not classify as such. I have however marked them in red.
Intraday expectation: Allow price to show more definitive signs of bearish pullback phase initiation. This would be for price to trade down to either discount of 50% EQ, or M15 supply zone.
Alternative Scenario: Price could potentially target strong internal low as H4 TF enters it's bearish pullback phase.
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 are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
