XAUUSD — Early Week Pullback Before Bullish Recovery

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XAUUSD — Early Week Pullback Before Bullish RecoveryGoldOANDA:XAUUSDGold_Prime_Smc Gold is trading around $4,167 after recovering strongly from the lower liquidity area. Price is now testing the short-term descending trendline, so the market may first create a pullback before the next bullish continuation attempt. From an SMC perspective, gold has already swept the lower liquidity twice and created a recovery structure from the bottom. The current move is approaching a trendline reaction area, so an early-week rejection is possible. However, as long as price holds above the $4,095–$4,101 FVG buy zone, the recovery structure can still remain valid. The main plan for the beginning of the week is to avoid chasing gold at the current price. If price rejects from the trendline area, gold may first pull back toward the $4,095–$4,101 buy zone. This zone is the key area where buyers may defend the structure before pushing price back toward $4,269, $4,283 and the strong liquidity area around $4,382. Sell scalping setup Condition: Gold rejects from the descending trendline area around the current price and fails to break above the short-term resistance. Entry: $4,167–$4,195 after bearish rejection SL: above $4,230 TP1: $4,120 TP2: $4,095–$4,101 TP3: $4,029 Buy setup 1 Condition: Gold pulls back into the FVG buy zone around $4,095–$4,101 and forms bullish rejection with lower timeframe MSS / CHOCH. Entry: $4,095–$4,101 SL: below $4,029 TP1: $4,167 TP2: $4,269 TP3: $4,283 TP4: $4,382 Buy setup 2 Condition: If gold breaks above the descending trendline and retests it as support, bullish continuation remains valid without waiting for a deep pullback. Entry: above $4,195 after breakout retest SL: below $4,120 TP1: $4,269 TP2: $4,283 TP3: $4,382 Sell setup Condition: Selling is not the main priority after a deep pullback. A stronger sell setup is only valid if gold reaches the $4,269–$4,283 FVG sell scalping zone and shows clear bearish rejection. Entry: $4,269–$4,283 after rejection SL: above $4,330 TP1: $4,195 TP2: $4,167 TP3: $4,095–$4,101 Key levels Current price area: $4,167 Short-term trendline resistance: $4,167–$4,195 FVG buy zone: $4,095–$4,101 Sell-side liquidity: $4,029 FVG sell scalping zone: $4,269–$4,283 Strong liquidity: $4,382 Higher FVG resistance: $4,420–$4,455 Bullish continuation confirmation: clean break above $4,195 Bullish target confirmation: clean break above $4,283 Bullish invalidation: clean 2H close below $4,029 My current view is that gold may drop first at the beginning of the week before building another bullish recovery. The Prime Gold plan is to wait for price to pull back into the FVG buy zone around $4,095–$4,101, confirm bullish reaction, then follow the move toward the upper liquidity zones. No confirmation, no trade.