XAU/USD 04 March 2026 Intraday AnalysisGoldOANDA:XAUUSDKhan_YIKH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias to remain the same as analysis dated 02 February 2026. Price has printed as per analysis dated 22 January where I mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation. Price is now trading within an established internal range. Intraday expectation: Price to react at either discount of 50% internal EQ, or H4 supply zone before targeting weak internal high priced at 5,602,225. Note: The Federal Reserve’s renewed easing cycle, alongside a weaker U.S. dollar and persistent geopolitical tensions, continues to drive volatility in the gold market. Traders should remain cautious and adjust risk management strategies to navigate sharp price swings. Additionally, gold pricing is highly sensitive to U.S. policy under President Trump, where tariff measures, fiscal uncertainty, and shifting geopolitical strategy amplify market repricing risks and reinforce safe‑haven demand. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price did not print according to analysis dated 02 March 2026. Price instead printed a bearish iBOS which would indicate that all HTF's remain in bearish pullback phase. Price has printed a bullish CHoCH to indicate bullish pullback phase initiation. We are now trading within an established internal range. Intraday expectation: Price to trade up to either premium of 50% EQ or M15 supply zone before targeting weak internal low priced at 4996.275 Note: Gold remains highly reactive as geopolitical risk dominates market sentiment. The latest escalation between the US, Israel, and Iran has injected a fresh safe‑haven bid into XAU/USD, with traders bracing for further headline‑driven volatility. Safe‑haven flows remain elevated as markets weigh the risk of broader regional spillover and the potential for sudden sentiment shocks. At the same time, shifting US tariff policy under President Trump is adding another layer of macro uncertainty, amplifying risk‑off moves and fuelling sharp intraday swings. With liquidity pockets and whipsaw‑like behaviour becoming more common, disciplined risk management is essential in this environment. Gold’s geopolitical premium remains firmly intact and until tensions ease, volatility is likely to stay front‑loaded. M15 Chart: