Liquidity Sweep Into Support – Potential Bullish Reversal SetupGoldOANDA:XAUUSDGold_Market_MindThis setup is leaning toward a short-term bearish continuation into a support reaction, not an immediate clean buy. What’s happening: Market formed a lower high structure after the earlier push up. Then a strong bearish impulse (displacement) came in — that red drop you circled. That move likely grabbed liquidity below minor lows and created imbalance. Price is now approaching a key support zone. Key zones: Support: ~4675–4670 (your marked zone) Stop-loss zone: below ~4663 (liquidity under support) Target (if bounce holds): ~4705–4710 Scenario 1: Preferred (More Probable) Liquidity sweep → bounce Price taps into support Forms a double bottom / W pattern Then pushes up toward imbalance fill 👉 This aligns with your drawn path. Scenario 2: Bearish continuation If support breaks cleanly with strong candles No rejection / no structure shift Then price likely continues lower → 4650s Entry logic (important refinement): Don’t blindly buy at support. Wait for: Rejection wicks Break of minor structure (higher low + BOS) Volume/impulse confirmation Verdict: Bias: Short-term bearish → potential bullish reaction at support Best trade: Confirmation-based buy from support Invalidation: Clean breakdown below 4663