XAU/USD 13 Feb 2024 Intraday Analysis
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.
Having started to map all CHoCh's to gain a micro-view of structure price is now trading within a POI.
Expectation remains, for price to continue to trade bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price printed a bullish iBOS where we are still in the pullback phase.
Sub-structure to internal structure mapped in red printed bearish iiBOS and is currently trading within a nested H4 and M15 POI.
Intraday expectation - Price to target weak internal low at 2001.895.
M15 Chart:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Having started to map all CHoCh's to gain a micro-view of structure price is now trading within a POI.
Expectation remains, for price to continue to trade bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price printed a bullish iBOS where we are still in the pullback phase.
Sub-structure to internal structure mapped in red printed bearish iiBOS and is currently trading within a nested H4 and M15 POI.
Intraday expectation - Price to target weak internal low at 2001.895.
M15 Chart:
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