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: