XAU/USD Outlook ICT Concepts

7月22日

Gold Analysis (XAU/USD)

💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAU/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.


💡Previous Analysis Review:
In the previous analysis, we expected the price to expand higher, which it did, followed by a strong sell-off.

📍Current Market Overview:
Currently, the price is around 2,401.075. We can foresee the price potentially sweeping the previous week low and tapping into the daily Fair Value Gap (FVG) below. After this, a retracement higher to fill out the imbalances left after the sell-off is likely.

🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:

ATH (PWH): All-Time High (Previous Week High)
PWH: Previous Week High
PWL: Previous Week Low
PML: Previous Month Low
BSL: Buy-Side Liquidity
SSL: Sell-Side Liquidity
Daily FVG: Daily Fair Value Gap
BRK: Breaker
MSS: Market Structure Shift

📊 Key Considerations:
Current Price Position: The price is trading around 2,401.075, after sweeping the previous week high and experiencing a strong sell-off.
Daily FVG: The Daily Fair Value Gap is expected to act as a significant support zone if the price reaches it.
SSL Levels: These levels below the current price are significant areas to watch for a potential retracement and liquidity grab.

📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:

Sweep PWL: The price may sweep the previous week low (PWL).
Daily FVG Tap: A potential tap into the Daily Fair Value Gap (FVG) could provide support.
Retracement Higher: After sweeping the PWL and reacting at the Daily FVG, we can expect the price to retrace higher to fill out the imbalances left from the sell-off.

📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:

Minor Buy-Side Liquidity Taken: For any short case scenario, we need minor buy-side liquidity (swing points) to be taken first.
Continuation Lower: After taking out the buy-side liquidity, the price may continue lower.

📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially sweep the PWL, tap into the Daily FVG, and then retrace higher to fill imbalances.
Bearish Expectation: For a bearish scenario, we need minor buy-side liquidity to be taken out first before considering short positions.
Understanding these key levels and the current market behavior helps in making informed trading decisions.

🙏 Thank you for joining us!
Exploring XAU/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!

⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.