XAU/USD ICT – August 8, 2025

Market Snapshot

Gold (XAU/USD) is currently trading at $3,394.92, showing modest strength after reclaiming the $3,393 level. Price is consolidating between $3,370 key support and $3,409 resistance (previous daily high), with a bullish structure emerging from Thursday’s low.

Ads:

• 📈 Open a LIVE Trading Account with Vantage Markets
• 🔐 Get RedotPay Crypto Wallet & Card for Transactions
• 🤖 Automate your Trades with our AI powered services
• 🎓 Free Mini Course to Start Trading – Beginner’s Guide

Smart Money Structure

• Price took out sell-side liquidity at $3,370 before initiating a strong bullish leg in the London session.
• A Fair Value Gap (FVG) formed in the New York AM session, which acted as a springboard for a push toward $3,400.
• The Asian range high was cleared during London session, with New York session retracing partially into the FVG before stabilizing.
• Market structure remains bullish above $3,384.

Session Outlook

• Asian Session: Range-bound between $3,385 and $3,394, setting the liquidity base.
• London Session: Breakout above Asian highs, reaching $3,400 and triggering buy stops.
• New York Session Outlook:
  • If price can sustain above $3,393, there is potential for a PDH run at $3,409.
  • Failure to hold this level may trigger a retracement back into $3,384–$3,380 FVG before another push.

Market Drivers & News Outlook

• No major U.S. data today, but traders are positioning ahead of next week’s CPI.
• The Dollar Index is holding steady, with Treasury yields slightly softer—supportive for gold.
• Today’s moves are largely liquidity-engineered, suggesting smart money may target both sides before settling.

Trade Plans

Scenario 1 – Bullish Continuation:

• Buy above $3,394 with NY session momentum aiming for $3,409–$3,412.
• Entry trigger: 5m bullish displacement + FVG entry.
• SL: Below $3,390 | TP1: $3,405 | TP2: $3,409.

Scenario 2 – Rejection & Pullback:

• If price rejects $3,400–$3,405 zone, look for short entries back to $3,384 FVG.
• SL: Above $3,406 | TP1: $3,390 | TP2: $3,384.

Final Bias – ICT Narrative

Gold is in a bullish structure after engineering a sell-side sweep at $3,370. The path of least resistance appears up, with smart money likely targeting buy-side liquidity above $3,409 PDH before a deeper retracement.

The $3,393–$3,394 zone is critical—holding above it keeps bullish momentum alive; losing it opens the door for a retrace into $3,384.