XAUUSD 4H – Liquidity Sweep Before Bullish ContinuationGoldOANDA:XAUUSDKingProTraderGold is currently showing a short-term bearish retracement after a strong bullish expansion. The recent impulsive drop created several Fair Value Gaps (FVGs) and shifted short-term market structure. A Fair Value Gap represents a price imbalance created when the market moves aggressively and leaves a zone with very little trading activity. These areas often act as magnets where price returns to rebalance before continuing the trend. Market Context Price previously rallied strongly and then delivered a sharp bearish displacement. This move created multiple imbalances and left liquidity resting below the current price. At the moment, price appears to be retracing toward sell-side liquidity, which is marked below the current range. Key Levels Sell-Side Liquidity Around the 5000 level This area likely contains stop losses from recent buyersInternal Resistance / FVG 5180 – 5200 Possible reaction zone if price retraces upward Major Bearish FVG 5240 – 5300 Premium zone where sellers may re-enter the market Expected Scenario The most likely path is a liquidity sweep below the current range before a bullish reaction. Price moves lower to sweep sell-side liquidity near 5000 Liquidity grab triggers institutional buying Bullish displacement occurs Price targets higher imbalance zones Bullish Targets TP1: 5150 TP2: 5240 TP3: 5300 (major FVG) Alternative Scenario If price breaks below 5000 with strong momentum, the market could continue lower toward deeper discount levels. Next downside targets: 4950 4850 Trading Plan Buy Setup Entry: 4980 – 5020 Stop Loss: Below 4950 Targets: 5150 → 5240 → 5300 Sell Setup (Counter-Trend) Entry: 5200 – 5250 Targets: 5050 → 5000 Summary Short-term bias remains bearish toward liquidity, but the overall expectation is a liquidity sweep followed by bullish continuation toward the 4H Fair Value Gap.