XAU/USD 23 Feb 2024 Intraday Analysis
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
M15 Chart:
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