Gold Swept the Lows — Is 5100 the Reversal Trigger?Micro Gold FuturesCOMEX_MINI:MGC1!DWoodzLast week we discussed the possibility of price moving lower to sweep liquidity below the range that had been building over the past two weeks. That scenario ultimately played out, with price breaking structure and pushing below the prior weekly lows. With that move complete, price is now trading outside of the value area that formed over the last couple of weeks, which puts the market in an interesting position heading into the new week. At the moment, momentum remains bearish on the lower timeframes, but we are approaching areas where the market may begin to rebalance before deciding on its next larger move. One level I am watching closely is a small 4H Fair Value Gap below current price, which could still act as a magnet if sellers maintain control. A push into that zone would complete another imbalance and potentially finish the liquidity sweep narrative. However, the bigger picture remains interesting because if price begins to reclaim key levels above — particularly around the 5100 area — the market could quickly rotate back into the previous value zone. There is a large volume node sitting above current price that previously acted as a major area of trade. If price re-enters that region, we could see a faster move back toward the 5180–5200 area where significant participation previously occurred. For now, I’m staying patient and letting the market show its hand. Key things I’ll be watching this week: • Reaction around the lower imbalance zones • Whether price continues to expand downward or begins to reclaim structure • Acceptance or rejection around the 5100 level At this stage the goal isn’t prediction — it’s observation. Let’s see where the market decides to build the next narrative.