Buy Rebound From External Sell-Side Liquidity

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Buy Rebound From External Sell-Side LiquidityGoldOANDA:XAUUSDGold_Prime_SmcMarket Context Gold remains under pressure after a sharp weekly decline as elevated Treasury yields, a firm USD and expectations for further Fed tightening continue to weigh on bullion. Softer-than-expected PPI offered limited relief, with markets still pricing a high probability of a December hike. reuters.com SMC View Price has reached the marked External SSL around 3,850–3,870, while the chart shows a potential corrective rebound from this liquidity pool. The broken trendline keeps the broader structure fragile. Main Trading Scenario A confirmed bullish reaction from External SSL, followed by reclaiming 3,900–3,925, could support a rebound toward 3,955–3,975 Reclaimed Supply. Key Zones to Watch 3,850–3,870 External SSL 3,900–3,925 FVG 3,955–3,975 Reclaimed Supply 4,060 Bearish OB Prime Gold View Buy bias is conditional on confirmation from the discount area.