XAU/USD 30 Jan 2024 Intraday Analysis
H4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
After the swing BOS price aggressively moved to the upside.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish and trading sideways in a large internal range.
Price is currently reacting to 50% EQ of the swing range as marked in red.
Expectation remains as yesterday's analysis, for price to continue to trade bearish to target weak internal low.
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bearish iBOS where we are now in the pullback phase.
Sub-structure to internal structure which is marked in red where price has now printed a bullish iiBOS potentially be targeting internal high or H4 POI.
Expectation remains the same, for price to target weak internal low.
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
After the swing BOS price aggressively moved to the upside.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish and trading sideways in a large internal range.
Price is currently reacting to 50% EQ of the swing range as marked in red.
Expectation remains as yesterday's analysis, for price to continue to trade bearish to target weak internal low.
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bearish iBOS where we are now in the pullback phase.
Sub-structure to internal structure which is marked in red where price has now printed a bullish iiBOS potentially be targeting internal high or H4 POI.
Expectation remains the same, for price to target weak internal low.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.