Gold Ideas for April 23 ahead of Flash Manufacturing PMI News

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📉 XAUUSD Trade Plan – April 23, 2025
Market Overview:
Current Price Action: Gold is in a bearish corrective phase within a higher time frame bullish structure. The recent price action confirms a short-term bearish flow with CHoCH and BOS.

🔻 SELL ZONES

🔴Sell Zone 1: 3330–3341
✅ Valid: Previous support turned resistance
Structure: CHoCH origin on 1H
Watch for: NY spike into zone + LTF rejection
🔥 Most likely short setup today

🔴Sell Zone 2: 3362–3372
⚠️ Still valid, but far from price
Use only on aggressive NY volatility or PMI spike
Risk of price flipping bullish if broken

🔴Sell Zone 3: 3384–3393
❄️ Inactive for now – requires major news catalyst
HTF OB + imbalance, but distant unless price surges
Lower probability unless full reversal structure forms

🔴Key Level: 3410–3414
🔒 Reserved for extreme sweep/reversal
Only valid if all upper zones are taken out + price reaches premium zone with liquidity grab

🟢 BUY ZONES

🟢Buy Zone 1: 3290-3303
✅ Played perfectly – Price tapped and bounced
Structure: M30 OB base + liquidity sweep
Still valid for retests with M1–M5 confirmation
Primary intraday buy

🟢Buy Zone 2: 3272–3282
🟡 Valid but less likely today unless 3291 breaks
Stucture: FVG fill + minor OB
Good for continuation if NY fakes out into discount

🟢Buy Zone 3: 3224–3233
🧱 Strong HTF EQ zoneReactive demand with imbalance

Use for NY deep pullback + structure reclaim

🟢Buy Zone 4: 3150–3190
⚠️ HTF only – not expected to trigger today
Long-term reversal zone, use with caution unless major drop happens

🔍 FINAL STRATEGY NOTES
Watch 3318–3330: Mid-structure, key battle zone → avoid entries here

Best plays:
→ Sell from 3330–3341 if rejection forms
→ Buy retest of 3291 ONLY with clean confirmation

Avoid counter-trend limit orders — wait for BOS/CHoCH on LTF
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.

Trade closed: target reached
🔻 SELL ZONES

🔴Sell Zone 1: 3330–3341
✅ Valid: Previous support turned resistance
Structure: CHoCH origin on 1H
Watch for: NY spike into zone + LTF rejection
🔥 Most likely short setup today
Note
🔴Sell Zone 2: 3362–3372 - This zone gave 450 PIPS PROFIT already

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