GC1! Bearish Momentum – Limit Entry on Liquidity grab

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GC1! Bearish Momentum – Limit Entry on Liquidity grabGold FuturesCOMEX_DL:GC1!osas_ethGold (GC) has seen a sharp impulsive move to the downside. While the immediate momentum is bearish, we are approaching a major structural level. Instead of chasing the sell-off, I am looking for a Liquidity Grab at the lows to fuel a potential reversal or a significant relief bounce. The Setup: I’ve placed a Long Limit Entry here at 4,478.4. This level aligns with previous structural support where I expect sell-side liquidity to be swept before a bounce. Entry Strategy: Long Limit at the 4,478.4 level (Liquidity Sweep). The Logic: We are looking for the "Stop Run" on early buyers to finish before entering with the smart money. Key Resistance: Watching the POC at 5,018 and the DWM HL:WL zone as the primary recovery targets. Risk: If the bearish momentum maintains its strength without a rejection at these levels, the thesis invalidates.