XAU/USD ICT – 28th August 2025

Market Snapshot

Gold is currently trading around $3,386, after rejecting the Previous Day’s High (PDH – $3,399) and retracing into the Fibonacci 50–62% zone. The overall intraday structure suggests a bearish bias as liquidity was taken above PDH, followed by rejection.

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Smart Money Structure

Price swept PDH liquidity at $3,399.
Current retracement holding below New York PM high.
Market is forming a potential distribution pattern after liquidity grab.
If price remains below $3,392–$3,394, bearish continuation expected.

Session Outlook

Asian Session: Range-bound with small pullback into equilibrium.
London Session: Expanded higher to retest premium zone, then sold off.
New York Session: Rejection from PDH + liquidity sweep suggests bearish continuation.

Market Drivers & News Outlook

Dollar Index strength holding, weighing on Gold.
Market eyeing U.S. economic data later today (GDP revisions + jobless claims).
Safe-haven flows remain mixed due to stronger equities and stable bond yields.

Trade Plans

📉 Short Setup 1 – Premium Rejection Sell

Entry Zone: $3,391–$3,393 (0.705–0.79 Fib)
Stop Loss: Above $3,399 (PDH sweep high)
Take Profits:
- 🎯 TP1: $3,376 (PDL vicinity)
- 🎯 TP2: $3,360 (0.5 Expansion)
- 🎯 TP3: $3,348 (Full Expansion -1)

📉 Short Setup 2 – Breaker Confirmation Sell

Trigger: If price closes below $3,384 (50% Fib zone)
Stop Loss: Above $3,392
Take Profits:
- 🎯 TP1: $3,373 (PDL)
- 🎯 TP2: $3,360 (Mid Expansion)
- 🎯 TP3: $3,348 (Deeper Draw on Liquidity)

⚠️ Invalidation:
Bullish bias resumes only if price sustains above $3,400 with strong NY session close.

Final Bias – ICT Narrative

Gold has swept buy-side liquidity above PDH and is now rejecting from a premium zone. Unless bulls reclaim $3,400, the bias remains bearish, targeting $3,373 → $3,360 → $3,348.