XAU/USD ICT – August 6, 2025

Market Snapshot

Gold is currently trading around $3,373.59, showing minor intraday weakness after forming a New York AM session high near $3,390. Yesterday’s rally into a premium supply zone has led to a sharp sell-off, rejecting the $3,381–$3,390 area.

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Smart Money Structure

Previous Buy-side Liquidity above $3,381–$3,390 has been swept.
Price delivered a strong bearish move during the London Close into New York PM session.
Gold respected the previous OB and mitigation block around $3,381, validating it as a high-probability premium zone.
Liquidity has been generated below $3,370, targeting $3,352 and deeper into the 0.5–0.62 Fibonacci retracement zone.

Session Outlook

Asian Session: Consolidation just under the premium OB zone, forming a lower high.
London Session: Weak bullish reaction, failing to break previous highs.
New York Session (AM): Formed a lower high at the same zone, confirming bearish intent.
New York Session (PM): Price dropped sharply, rejecting the OB.

This gives a textbook ICT bearish breaker scenario, especially after manipulation above the New York AM high.

Market Drivers & News Outlook

The market is stabilizing post-FOMC volatility.
Today has no high-impact news, but traders are still digesting FOMC’s cautious stance on inflation.
DXY shows strength, reinforcing gold weakness intraday.
Safe haven demand is fading slightly as risk-on sentiment creeps in.

Trade Plans

Scenario A: Bearish Continuation

Look for retracement into $3,374–$3,378 for short entries.
TP1: $3,364 (0.5 retracement)
TP2: $3,352 (previous low)
TP3: $3,349–$3,344 (deep discount OB)

Scenario B: Liquidity Grab + Buy

If price sweeps $3,349, watch for bullish SMC shift.
Entry on BOS + FVG fill near $3,352–$3,355.
Target: Return to $3,374–$3,381.

Use session timing to refine entries. Ideal setups likely during NY AM or PM open.

Final Bias – ICT Narrative

Today reflects a bearish order flow after price swept buy-side liquidity above the NY AM high and rejected the OB zone at $3,381–$3,390. As long as price remains below this zone, we maintain a bearish bias targeting lower liquidity pools. Invalidation occurs on a clean break and close above $3,390.

Stay sharp. Let the algorithm reveal its hand. Trade what you see, not what you feel.