XAUUSD H4: Gold Tries to Rebuild Above SupportGoldOANDA:XAUUSDLana_M2XAUUSD H4: Gold Tries to Rebuild Above Support, but Buyers Still Need to Reclaim Higher Liquidity Gold is attempting to stabilise after the recent pullback, but the broader H4 structure still needs stronger confirmation before a larger recovery can be trusted. The latest rebound shows that buyers are active again from support, yet price remains below the more important liquidity zones overhead. Fundamental backdrop The broader tone is still mixed for gold. On one side, local pricing in India has softened slightly, with gold quoted lower in rupee terms compared with Friday. That suggests some cooling in immediate demand and reflects the short-term pressure seen across the market. On the other side, gold is still holding a constructive technical position after reacting from deeper support. This tells us that while momentum has slowed, buyers have not fully stepped away. For now, the market remains in a balance between recovery demand and broader caution. Technical structure on H4 Overall structure On the H4 chart, XAUUSD is rebounding from the lower support area after a sharp downside move. The market has already produced a meaningful reaction from the recent low, which shows that buyers are still willing to defend discounted prices. However, the broader structure is not fully bullish yet. Price is still trading below the more important overhead liquidity levels, so the current move should still be treated as a recovery phase rather than a confirmed trend reversal. 4,500 – 4,642: current support base The first important support area is between 4,500 and 4,642. This zone is now acting as the short-term foundation for the current rebound. As long as gold continues holding above this area, buyers still have room to extend the recovery higher. If price loses this support again, the structure may weaken and the market could fall back into a deeper retracement. 4,650 – 4,700: near-term recovery zone Gold is currently trying to build above the 4,650 area and push back into near-term resistance. This zone is important because it acts as the first checkpoint for buyers. If price can remain firm here, the rebound becomes more credible and opens room for continuation into higher liquidity. 5,018: major recovery barrier The key level above remains 5,018. This is the main structural barrier on the chart and the level that separates a technical recovery from a much stronger bullish phase. If buyers manage to reclaim this zone, the outlook would improve significantly. As long as price remains below it, the current upside still looks corrective inside the broader structure. 5,200 area: upper buyside liquidity Higher up, the next important zone is the upper buyside liquidity area around 5,200. This is the next upside objective if the rebound continues with stronger momentum. It is also the area where the market may face renewed reaction from sellers if the recovery becomes overstretched. 4,200: deeper support On the downside, the deeper support still sits around 4,200. If the current support base fails, this becomes the next major zone where stronger demand may need to appear to prevent a broader bearish extension. What order flow is suggesting Order flow suggests that buyers are rebuilding from support, but they still do not fully control the broader H4 structure. So for now: buyers are defending the 4,500 – 4,642 support area the rebound remains active while price holds above this base but stronger confirmation only comes if gold reclaims 5,018 and pushes into higher liquidity This keeps the short-term tone constructive, while the broader trend still waits for confirmation. Trading scenarios Scenario 1: Recovery continues higher If gold holds above the current support base and buying pressure remains stable, price may continue recovering into the next liquidity zones. Entry: around 4,620 – 4,650 on bullish confirmation SL: below 4,500 TP1: 4,800 TP2: 5,018 TP3: 5,200 Scenario 2: Rejection below 5,018 If price continues rebounding but fails to reclaim 5,018, the move may remain corrective and rotate lower again. Entry: near resistance on bearish rejection SL: above the rejection high TP1: 4,650 TP2: 4,500 Scenario 3: Breakdown below current support If gold loses the current support structure, the rebound would weaken and the market could extend lower towards deeper support. Entry: below 4,500 on confirmed weakness SL: above the broken support TP1: 4,350 TP2: 4,200 Key levels to watch 4,500 – 4,642 → current support base 4,650 – 4,700 → near-term recovery zone 5,018 → key structural barrier 5,200 → upper buyside liquidity 4,200 → deeper support Conclusion Gold is showing a constructive rebound from support, but the broader H4 structure still needs stronger confirmation. Buyers are defending the current base well, yet the market remains below the more important resistance zones. Lana’s view: as long as gold holds above support, the recovery remains active. But the real signal of stronger upside only comes if buyers reclaim 5,018 and begin pushing into higher liquidity above.