XAU/USD ICT – August 5, 2025

1. Market Snapshot

• Price Range: 3,344.85 to 3,385.12
• Current Price: 3,370.07
• Market Structure: Higher highs formed during New York AM session followed by slight retracement during the Asian session.
• 30-Min Trend: Bullish structure, but showing signs of lower timeframe sell program activation.

1. Market Snapshot

• Price Range: 3,344.85 to 3,385.12
• Current Price: 3,370.07
• Market Structure: Higher highs formed during New York AM session followed by slight retracement during the Asian session.
• 30-Min Trend: Bullish structure, but showing signs of lower timeframe sell program activation.

2. Smart Money Structure

• Previous Week’s Range: Price aggressively broke above the previous week’s high (3,344.85 zone).
• Liquidity Grab: OTE-style rally during NY session swept resting liquidity above 3,385.12.
• Order Block Formation: A clear 30-min bearish OB formed at 3,384 – 3,387, from which price sold off during the Asian session.
• Current Action: We are retracing back into a premium array with a possible bearish reversion toward mean price (MA cross sits around 3,375).

3. Session Outlook

• Asian: Distribution after NY bullish expansion; signs of short-term sell program.
• London: May act as retracement toward OB (3,380 area) before continuation.
• New York: Will likely define the weekly high or low. If we fail to break 3,385, expect bearish move targeting 3,350.

4. Market Drivers & News Outlook

• No major economic data today; however, traders are recalibrating post-FOMC expectations.
• U.S. 10Y Yield: Remaining firm, strengthening USD slightly – bearish for Gold.
• Dollar Index (DXY): Retracing from support, applying slight downward pressure on metals.

5. Trade Plans

Scenario A – Sell Setup (Preferred Today):

• Sell Zone: 3,380 – 3,385 (retest of OB)
• TP1: 3,360
• TP2: 3,345
• SL: 3,388
• Risk: Use NY session confirmation (liquidity sweep + break of structure) before entry.

Scenario B – Buy Setup (Only if sweep occurs):

• Buy Zone: 3,344 – 3,348
• TP: 3,375
• SL: 3,338
• Confirmation: Price must sweep sell-side liquidity and reclaim bullish OB on lower timeframe.

6. Final Bias – ICT Narrative

Gold is in distribution phase after NY expansion. The Asian session confirmed supply at the 3,385 level, and we’re currently trading under 9/21 MA cross. Today offers high R:R short setups if price returns to premium zones during London or NY sessions. Patience is key—wait for confirmation sweeps. Buyers should only look for setups near 3,345 demand zone.