Support Liquidity Grab → Bullish Expansion Targeting 4626”GoldOANDA:XAUUSDGold_Market_MindXAUUSD Intraday Analysis (15M) The chart shows a clear bearish trend structure initially, with price respecting a descending channel (purple zone). Momentum remained to the downside until a base formed around the 4560–4570 region. Key Observations: Trend Shift Attempt Price broke out of the descending channel, signaling a potential short-term bullish reversal or at least a corrective phase. Liquidity Sweep The marked zone highlights a range consolidation, where equal highs were formed. Price later swept this liquidity, triggering breakout buyers before reversing sharply — classic stop hunt behavior. Rejection & Drop After the sweep, price failed to sustain above resistance (~4600) and printed a strong bearish move, indicating smart money distribution. Support Zone Reaction Price is now approaching a well-defined support zone (4570–4550). The projected path suggests a possible fake breakdown (liquidity grab below support) before reversal. Trade Idea (Bullish Setup) Entry Zone: 4565 – 4555 (after confirmation/rejection) Stop Loss: Below 4550 Target: 4620 – 4626 Narrative: Expect a liquidity grab below support, followed by a strong bullish move toward the target zone. This aligns with a sell-side liquidity sweep → buy-side expansion model.