Gold Analysis: 1H Structure and Next Week's ScenariosGold FuturesCOMEX:GC1!Fondinho7 Overview Gold is currently navigating a high-volatility environment following the recent corrective move from the $4,800+ highs. Looking at the 1H timeframe for the upcoming week (March 23), price action is compressed between the current Daily Low (DL) at $4,478 and the Daily High (DH) at $4,736. I am monitoring two primary paths based on how price reacts to the immediate liquidity zones. Scenario 1: The Bearish Rejection (Red Path) If Gold sees a relief rally at the market open, I am looking for a rejection at the $4,640 – $4,680 supply zone. • The Logic: This zone represents a significant break in market structure. If the bulls fail to reclaim this level, we likely see a continuation of the bearish trend. • Target: A break below the $4,478 support leading to a deeper correction toward the $4,360 – $4,400 liquidity pool. Scenario 2: The Bullish Liquidity Sweep (Green Path) This is the "Smart Money" play. I am anticipating a potential hunt for liquidity below the current lows before a reversal. • The Logic: A sweep of the Weekly Low (WL) at $4,424 or a touch of the psychological $4,400 level (marked as "$$" on my chart) could trigger a massive short-squeeze. • The Confirmation: Watch for a Displacement or a Change of Character (CHoCH) on the lower timeframes (5m/15m) once the liquidity is grabbed. • Target: A retest of the Daily High (DH) at $4,736. Key Levels to Watch • Resistance: $4,640 & $4,736 • Pivot: $4,478 (DL) • Support/Liquidity: $4,424 (WL) & $4,400 Conclusion: Patience is key. I'll be waiting for a clear reaction at the $4,424 level. If we hold there, I'm leaning toward the Green Path. If we break and close below $4,400, the Red Path is in full play. Not financial advice. Trade your own plan!