XAU/USD 06 Feb 2024 Intraday Analysis

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H4 Analysis:

-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.

Price printed double bullish iBOS to confirm swing pullback phase is complete.

Currently internal structure remains bearish.

Expectation remains as H4 analysis dated 05/02/2024, for price to continue to trade bearish to target weak internal low.


H4 Chart: תמונת-בזק

M15 Analysis:

-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
-> Has reached EQ.

Following swing BOS price very aggressively pushed to the upside.

Price has printed a bullish iBOS where we are now in the pullback phase.

Sub-structure to internal structure, which is marked in red has now printed a bullish iiBOS.

Intraday expectation is for price to target weak internal high.

M15 Chart: תמונת-בזק

כתב ויתור

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