Market Snapshot
Gold is trading around $3,658 during the Asian session, after a volatile previous day that saw strong moves across London and New York sessions. Price action is consolidating after sharp downside displacement, with intraday traders now watching for potential setups around killzone liquidity.

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
- Recent market structure shift (MSS) occurred to the downside during New York PM yesterday.
- We have clear supply zones above 3,665–3,670 where price rejected earlier.
- Liquidity pools sit below 3,635 (equal lows from yesterday) and above 3,675 (London high).
- Currently trading in a short-term retracement inside the Asian range.
Session Outlook
- Asian session is consolidating after the selloff, forming a short-term retracement.
- London session may attempt to run stops on Asian highs around 3,660–3,665 before seeking lower liquidity.
- New York session could deliver continuation move if dollar strength persists.
Market Drivers & News Outlook
- Dollar remains firm after yesterday’s FOMC-driven volatility.
- U.S. jobless claims and housing data due later today could inject fresh momentum.
- No major Asian data, so liquidity likely builds until London.
Trade Plans
- Scenario 1 (Bearish Continuation)
- Wait for liquidity sweep above 3,665 (Asian/London high).
- Look for rejection + displacement to target 3,640 → 3,635 liquidity pool.
- Scenario 2 (Bullish Relief Rally)
- If price sustains above 3,670, expect push toward 3,685–3,690 inefficiency fill.
- Only valid if USD weakens during New York.
Final Bias – ICT Narrative
Gold remains in a bearish short-term bias with rallies into premium zones likely sold off.
For today, I’ll favor selling into London/NY highs targeting downside liquidity near 3,635, unless price breaks and sustains above 3,670.

