🟨 XAUUSD Market Recap – April 21, 2025 | NY Close Review
Price Action:
Gold made another aggressive high into ATH 3430, reaching full premium territory with strong upside momentum through London into NY. But the reaction near 3430 was sharp — indicating potential short-term exhaustion.
What Worked Today
Liquidity sweep complete – Price ran clean through the previous weak high and liquidity above 3425, grabbing the top before rejecting.
Bullish BOS confirmed – Structure remained bullish on all timeframes, with no valid CHoCH break on H1 or H4.
Sniper bias confirmed – Directional buys played perfectly from lower OBs (especially the ones marked pre-Asia and pre-London).
What Didn’t Happen
No mitigation of lower H1/H4 FVGs – Zones between 3361 and 3387 remain completely untouched.
The 3305–3315 OB area wasn’t retested – Meaning any breakout traders looking for retests were left hanging.
No real signs of reversal structure – Despite the reaction off ATH, we’ve yet to see a proper CHoCH + BOS sequence on H1 or H4.
️ Unmitigated Key Zones
🟦 H1 FVG – 3361
🟦 H4 FVG – 3285.00–3300.00
🟧 H4 OB block – 3224 (untouched, still a strong magnet if sell momentum kicks in)
These levels remain high interest for any future discount buy setups if price starts pulling back.
What Was Rejected Today
3430 – New ATH. Price wicked into this level and rejected instantly with visible CHoCH on M15 and M5, leaving a clear bearish reaction.
M15 OB – The supply zone around 3425–3430 acted as short-term resistance with an intraday bearish sequence into NY close.
🧠 Market Sentiment
Still bullish on HTF, but intraday shows clear profit-taking behavior.
Dollar weakness and geopolitical premium still holding gold up — but overextension risk is real above 3425.
Summary
Gold remains in a strong uptrend but may be showing short-term exhaustion after hitting ATH 3430. With unmitigated OBs and FVGs below, any deeper pullback will be liquidity-driven, not structural bearishness… yet.
We’ll prep the sniper plan separately soon — stay ready. 🧠️