Gold Just Lost a Key H1 Support | XAUUSD 28/07GoldOANDA:XAUUSDAdrian_NovaTraderXAUUSD has fallen back below the H1 Point of Interest after rejecting the H1 Order Block. The latest bearish BOS suggests sellers are regaining control, with price now moving toward sell-side liquidity. Unless buyers reclaim the POI, the recent recovery is likely to remain a corrective bounce within the broader bearish trend. For now, sellers have the advantage. The next reaction around liquidity will determine whether Gold finds demand or extends its decline. Currently • Price has broken below the H1 POI at 4,070–4,080 • Sellers defended the H1 Order Block around 4,105–4,110 • A bearish BOS confirms short-term downside momentum • Sell-side liquidity rests below 4,020 • Higher-timeframe structure remains bearish • Buyers must reclaim the POI to weaken the current bearish pressure Trading Plan Bias: Bearish Until the H1 POI Is Reclaimed Main Zone • 4,070–4,080 → H1 POI (Key Resistance) Execution Idea As long as price remains below the H1 POI, sellers may continue targeting the sell-side liquidity beneath recent lows. I will monitor price action around the 3,995–4,005 H1 Order Block. A strong bullish reaction from this area could signal a corrective recovery, while continued rejection below the POI would favor further downside continuation. Targets → TP1: 4,030 → Internal Support → TP2: 4,020 → Sell-Side Liquidity → TP3: 3,995–4,005 → H1 Order Block → TP4: 3,960–3,970 → Major Demand Zone Invalidation A confirmed H1 candle close above the 4,070–4,080 POI would invalidate the immediate bearish scenario and suggest buyers are reclaiming short-term market structure. Key Insight A bearish BOS confirms momentum, not continuation. Sellers still need to defend the H1 POI on any retracement to validate a move toward lower liquidity. Key Question Will Gold continue hunting liquidity below 4,020, or can buyers reclaim the H1 POI and shift momentum back in their favor?