XAUUSD H1: Will Smart Money Sweep 4,450 First?GoldOANDA:XAUUSDRichard_PrimeInsightsGold remains structurally bullish, but its current position is increasingly important. The market has already delivered an extended upside expansion and is now trading close to external buy-side liquidity. This creates the possibility of a final liquidity raid above the recent highs before a corrective move develops. The first reaction zone sits around the 4,320 – 4,340 DEMAND OB, which could provide the initial response if price rejects the upper liquidity. If this demand fails to hold, the next area of interest becomes the 4,225 – 4,250 OB + LIQUIDITY zone. A deeper bearish expansion could eventually target the major 4,025 – 4,055 SELL-SIDE LIQUIDITY resting below. Technical Playbook The Bias: Short-Term Liquidity Sweep / Potential Corrective Expansion. The primary focus is on price behavior around the 4,440 – 4,460 BUY-SIDE LIQUIDITY. The Main Horizons: The key execution areas are the 4,440 – 4,460 liquidity pool, followed by the 4,320 – 4,340 Demand OB, the 4,225 – 4,250 OB + Liquidity, and finally the 4,025 – 4,055 Sell-Side Liquidity. The Target Path: The preferred scenario is for price to first attack the 4,440 – 4,460 buy-side liquidity. If a rejection and bearish displacement appear, the first corrective objective becomes 4,320 – 4,340. A confirmed breakdown through this zone could open the path toward 4,225 – 4,250, with the larger liquidity draw located around 4,025 – 4,055. Confirmation: The bearish scenario is not based on price simply reaching liquidity. I want to see a liquidity sweep followed by CHoCH/MSS and clear bearish displacement before considering the correction structurally confirmed. Invalidation: The bearish framework is invalidated if price achieves sustained H1 acceptance above 4,460, followed by continued bullish displacement and new structural highs. The real question is not whether Gold can reach 4,450. The question is: what happens AFTER the liquidity is taken? Will smart money sweep 4,440 – 4,460 and rotate lower, or will buyers absorb the liquidity and continue the bullish expansion? What is your bias? 👇 Educational purposes only — Not financial advice.