Market Snapshot
Gold is trading at $3,323.92, showing a mild intraday recovery from the prior day’s bearish continuation. The Asian session established a consolidation range around $3,314 – $3,318, and price has since pushed higher into the London session. Current liquidity pools are defined between the Previous Day Low (PDL $3,314) and Fibonacci retracement zone ($3,330 – $3,338) above.

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Smart Money Structure
- Market remains in a short-term bearish order flow, as seen from consecutive lower highs and lower lows after rejection near PDH ($3,345).
- PDL ($3,314) acted as initial support during the Asian session, triggering a liquidity sweep and rebound.
- The current rally into Fib retracement (50–79%) between $3,330 – $3,338) may serve as a premium sell zone.
Session Outlook
- Asian Session: Formed a range and swept downside liquidity near PDL.
- London Session: Expanded higher, targeting retracement zones and possible premium supply levels.
- New York Session (Projected): Anticipated sell setup from retracement into $3,330 – $3,338 zone, targeting back down towards $3,314 and possibly $3,300 liquidity.
Market Drivers & News Outlook
- Dollar index (DXY) stability and upcoming U.S. PMI reports may drive volatility later in the NY session.
- Broader sentiment: Investors are cautious ahead of Fed commentary later this week, keeping Gold sensitive to USD moves.
Trade Plans
- Sell Setup (Primary Bias):
- Entry Zone: $3,330 – $3,338 retracement zone
- Stop Loss: Above $3,345 (PDH)
- Targets: $3,314 (PDL) → $3,300 liquidity pool
- Invalidation:
- A clean break and close above $3,345 (PDH) shifts bias to bullish continuation towards $3,355 – $3,360.
Final Bias – ICT Narrative
Gold remains in a bearish short-term structure. The Asian sweep of lows provided liquidity for London’s retracement move. If New York respects the $3,330 – $3,338 premium zone, expect a continuation lower into $3,314 → $3,300.

