Market Update (No Buy/Sell Bias)🧠 Structural Recap: Why Gold Did What It Did
🔄 Mitigation & Reaction Zones Review
✅ Premium Supply Zone @ 3144–3160 (H1-H4)
— Price tapped into this key premium area and sharply rejected it. This indicates a successful mitigation of that supply zone.
— This zone previously aligned with the weak high and premium structure, adding to its weight.
🟦 Mid-Range FVGs @ 3120–3130 (H1)
— This area acted as the bounce point today after price wicked down aggressively.
— The strong wick from 3086–3144 confirms buyer interest post-news, filling imbalance and mitigating prior demand (on H1).
🟫 Mitigated Demand Zone @ 3086–3096 (H1-H4)
— This demand zone was pierced and fully tapped. We saw a textbook bounce with strong reaction, suggesting the zone is now mitigated.
— A notable EQ + strong candle from this zone created bullish displacement.
🔵 Unmitigated Discount Demand @ 3054–3080 (H4)
— This remains a key untouched demand. Price wicked close to it but didn’t tap.
— If we get another push down, this is still valid and unmitigated.
🧱 Below 3050: Unmitigated Macro Zone (D1)
— The large OB/FVG combo around 2970–3030 still hasn’t been mitigated. This remains untouched liquidity in a deeper pullback.
📰 News Review — April 3, 2025
Trump’s Conference Commentary
— Hawkish rhetoric around economic strategy but no clear monetary focus.
— Mixed signals caused initial DXY strength, but later market corrected.
US Jobless Claims & ISM Services PMI
— Slightly worse-than-expected numbers, showing cooling economy signs.
— This supported XAU recovery post-drop as rate hike sentiment weakened.
Geopolitical Noise (Middle East)
— Continued tensions are keeping safe-haven demand intact, especially below 3100.
🧠 TL;DR
Zones like 3144–3160 and 3086–3096 are now mitigated.
3054–3080 and 2970–3030 remain unmitigated, future bounce areas.
Today’s volatility was news-driven, but liquidity still sits lower.
We’re currently in mid-mitigation flow, with the market respecting PA zones well.
