On every timeframe

There is nothing special about the daily chart. Orders rest above highs and below lows on every timeframe there is.

The same shape, different size

A month of trading has swing highs and swing lows. So does an hour. Both are made by people leaving orders past the prices they can all see.

Change the timeframe and the size of the move changes. A sweep on the monthly chart might be 200 dollars of gold, and one on the 15 minute chart might be 4 dollars. The behaviour does not change at all.

The timeframe sets the size of the move, not the way it works.

Zooming out explains the move

This is where it becomes useful rather than interesting.